List of Participants for Programmable Payment Project under the Enhanced Regulatory Sandbox

Programmable Payment: Testing the settlement of payments and related transactions using electronic data units capable of executing automated conditions through Distributed Ledger Technology (DLT) and Smart Contracts. The value of these electronic data units is maintained through a mechanism that requires deposits in Thai Baht currency, equal to or exceeding the value of the created electronic data units.

Second round (in progress)
NoCompany NameProjectTesting Status
1True Money Co.,Ltd.Asset Tokenization Payment ServiceApr - Dec 2026
2Bitkub Blockchain Technology Co., Ltd.

Escow Payment Service

Asset Tokenization Payment Service

Bridging

Apr 2026 - Mar 2027
3OM PLATFORM COMPANY LIMITEDEscow Payment ServiceApr - Dec 2026
First round (completed)
NoCompany NameProjectTesting Status
1SCB 10X Co., Ltd.Purpose Bound Money1 - 25 Nov 2024
2Bank of Ayudhya Public Company LimitedSecure PaymentSep - Nov 2025
3Kasikornbank Public Company LimitedPurpose Bound Money

Aug 2025 - Mar 2026

4Bitkub Blockchain Technology Co., Ltd.

Escow Payment Service

Asset Tokenization Payment Service

Bridging

Aug 2025 - Mar 2026
5True Money Co.,Ltd.

Asset Tokenization Payment Service

 

Aug 2025 - Mar 2026
6Future Competere Venture CO., LTD.
Asset Tokenization Payment ServiceTesting terminated
7Determina CO., LTD.Business-to-Business (B2B) Loan ServicesTesting terminated
8OM PLATFORM COMPANY LIMITEDEscow Payment ServiceSep 2025 - Mar 2026

Data as of April 2026