DITTO Raises 480 Million Baht to Launch 'Digital Token' Sales in Q3 This Year
DITTO launches Thailand's first carbon-backed digital token worth 480 million baht, backed by mangrove reforestation projects generating 400,000 tons of carbon credits, with trading expected to begin in Q3 2026.
DITTO is making history as the first company in Thailand to launch the 'Blu Green Token,' a digital token backed by carbon credits valued at 1.20 baht per token, with 400 million tokens worth 480 million baht total. The funds will develop mangrove reforestation projects with 400,000 tons of carbon credits as underlying assets, offering investors initial capital recovery plus 3% annual compound returns. Trading is expected to begin on a digital asset exchange in Q3 2026.
On May 27, 2026, DITTO CEO Thakorn Ratanagomolporn announced the mangrove project originated from subsidiary Siam TC Technology (STCT), which has run a mangrove conservation museum for years, gaining expertise in the ecosystem's excellent carbon sequestration capabilities. With global warming intensifying over the past 2-3 years, DITTO believes Thai businesses should address the crisis. Recently, the Department of Marine and Coastal Resources opened mangrove projects to private sector participation for carbon credit generation, and STCT currently manages over 175,196 rai of mangrove forests.
The mangrove reforestation project represents a major business opportunity and will be STCT's new growth curve, generating long-term sustainable revenue while addressing climate change and restoring coastal ecosystems and community environmental health. Part of carbon credit revenues will maintain the mangrove forests and create local employment, making this more than corporate social responsibility—it's a sustainable project benefiting both forests and communities.
Thakorn noted that Thailand's carbon credit market is currently voluntary but will become mandatory following the Climate Change Act's enforcement, which has already passed cabinet review awaiting parliamentary consideration. Mandatory compliance is necessary because many global regions already require it, and Thailand must compete internationally in trade. The Climate Change Act significantly impacts commerce, so the mangrove project helps solve climate issues while enabling Thai businesses to meet global standards and compete internationally by reducing greenhouse gas emissions.
When Thailand implements mandatory compliance, carbon credit demand will surge. Thailand currently emits 380 million tons of carbon annually, but DITTO's mangrove project generates only about 1 million tons yearly—tiny compared to market demand. As demand exceeds supply, carbon credit prices will rise accordingly.