use of technologies in fundraising through investment tokens to promote concrete development of innovations.   Mr. Pichit Akrathit, SEC Chairman, said: “The centerpiece of this SEC Strategic Plan is

securities that meet the regulations for offering of sustainability-related bonds* and digital tokens for fundraising related to sustainability that comply with the same standards as the sustainability

exchange) and digital tokens (an electronic data unit used for the purpose of participating in an investment in any project/business, or acquiring specific goods/services/any other specific rights

IR63/002 : 26 February 2020 JMART Group MD&A: FS2019 Management Discussion and Analysis (MD&A) 2019 Page 8/8 offering of digital tokens, the increase in short-term loans, and liabilities arising from the

าหนดสิทธิของผู้ถือหลักทรัพย์ จัดเก็บทะเบียนผู้ถือหลักทรัพย์ และบังคับข้อตกลง ระหว่างผู้ออกหลักทรัพย์และผู้ถือหลักทรัพย์โดยอัตโนมัติ “Initial Coin Offering” is the offering process of digital tokens