Real estate developer Srettha Thavisin has been chosen as the next Prime Minister of Thailand. Prior to his entry into politics, Thavisin held the position of CEO at Sansiri, a prominent real estate development company actively engaged in Thailand's digital asset sector.
Sansiri ventured into the digital asset space through strategic partnerships and innovative ventures. In 2021, the company acquired a 15% stake in XSpring, a Thailand-based digital asset service provider that operates a crypto brokerage in collaboration with Krungthai Bank, along with a licensed ICO portal.
A focal point of Srettha Thavisin's political campaign has been the proposal for a nationwide 'airdrop' initiative. Under this ambitious plan, every Thai citizen aged 16 and above would receive 10,000 Thai baht (approximately $300). The airdrop will use a form of national token, not an existing digital asset or cryptocurrency. Vendors will be able to convert it to cash at designated banks.
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