Summer Point Token
The Real Estate-Backed tokens
*Disclaimer: Digital tokens are high-risk investments. Please assess your risk tolerance before investing.
Introducing
What's Summer Point Token?
Summer Point Token
Summer Point Token is the real estate-backed token in Thailand. This offering is under the supervision of the Securities and Exchange Commission of Thailand (SEC) and fully adheres to all applicable regulations related to the real estate industry and digital asset.
The issuer of the Summer Point Token plans to conduct an Initial Coin Offering (ICO) to raise up to 450 million THB. The funds will be used to invest in the RSTA agreement, which will provide a revenue stream from the underlying asset. The total number of digital tokens will not exceed 900,000,000 tokens.
Token holders will receive returns through the following channels in THB, as follows:
- Cash Balance Account: For the token holders who open the account with the digital asset exchange, the return will be allocated to cash balance account. If token holders would like to withdraw funds from the cash balance account. Additional fees may be charged as specified by the digital asset exchange and may be adjusted in the future.
- Digital Wallet Account: For the token holders who hold digital tokens in the digital wallet, opening with Token X Co., Ltd. ("Token X"), the returns will be allocated directly to each bank account as specified with Token X, who serves as the ICO portal.
Highly Accessible Strategic Location
The Summer Point Office Building, the underlying asset for this project, is located in a prime location within a high-potential business area on Sukhumvit Road. This asset features a vibrant commercial and residential hub with excellent connectivity to numerous key destinations. It is also conveniently located near the BTS Phra Khanong station.
Cutting-Edge Design with Strong Occupancy Rate
With the cutting-edge and modern building design, the Summer Point Office Building offers comprehensive common areas, which not only provides convenience for tenants but also results in a high occupancy rate. Based on the historical performance, the building has an average occupancy rate approximately 96%, with consistent rental income increase over time.
Strong and Diversified Tenant Base
The Summer Point Office Building comprises a strong and diversified tenant base, which consists of reputable companies from various industries. These diverse tenants help mitigate the liquidity risk and default risk associated with tenant turnover, leading to high potential in rental area extension and long-term lease renewal.
Exceptionally Experienced Property Manager
The underlying asset is managed by the professional property manager with extensive experiences and proven track records of success in similar projects, for example, Rain Hill, Summer Hub, and Summer Hill. The token holders can therefore trust in the capability of the selected property manager.
Approachable Real Estate Investment
Through the real estate-backed tokenization using blockchain technology, the token holders can easily access to invest in real estate project with low initial investment amount in the form of digital tokens.
24/7 Tradability
Token holders will gain the flexibility from 24/7 trading on the secondary market once the Summer Point Token is successfully listed in the digital asset exchange.
Secure and Transparent
The use of blockchain technology and smart contract enhance the security and transparency
Legal and Legitimate
Summer Point Token has been approved from the Securities and Exchange Commission (SEC), the public agency established in Thailand.
Leasable Area
Revenue per annum
Expected IRR
Tokenomics
TOTAL CIRCULATING SUPPLY
Total tokens in the circulation are no more than 900,000,000 TOKENS
SUMMER POINT TOKEN
MARKET CAP
Total offering value is approximately 450 MILLION BAHT
The initial issuance and public offering of the Summer Point Token (Initial Coin Offering: ICO) has the total offering value of approximately 450 million THB.
Leasable Area
9,997 sq.m.
The Summer Point tokens represent approximately 9,997 square meters of the underlying asset.
The Summer Point Token will have the number of tokens in the circulation no more than 900,000,000 tokens, with a fundraising amount up to 450 million THB. Following the completion of the Initial Coin Offering (ICO), the 900,000,000 digital tokens will be minted and allocated to token holders. To be noted that no token is allocated to the system administrators, developers, or any others, which are not specified in the Whitepaper submitted to the Securities and Exchange Commission (SEC).
Tokenization Structure
Partner
Roadmap
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2025-2049
Return Distribution from Revenue Transfer Sharing (2025-2049)
Token holders have the right to receive quarterly returns, including the rental income and principal repayment throughout the project’s duration. These returns are derived from the Summer Point office building rental income after deducting all operational expenses. For principal repayment, token holders will receive them separately from the quarterly rental income returns to maximize tax benefits.
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2025-2049
Token Burning Mechanism (2025-2049)
After the distribution of returns from rental income and principal repayment, a fixed proportion of the digital tokens held by token holders will be burned each quarter at a rate of 1.0% of the total number of tokens sold throughout the project’s duration.
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2049
Maturity Date
The internal rate of return is expected to be 10.2% over the project's duration, derived from rental income and/or profits from trading the tokens. (Note: If the tokens are not held for the entire specified period, the expected internal rate of return may vary.)
Management Team
Management
News
The Issuer Reports First-Half 2026 Total Revenue of THB 35 Million, Operating Profit Surges, as Company Continues to Strengthen Summer Point's Underlying Assets
Mr. Arin Ratnakovit, Director and Deputy Chief Asset Management Officer of The Company, in its capacity as issuer of the "Summer Point Token" digital token, also known as "SUMX," disclosed that for the first six months of 2026, the group posted total operating revenue of THB 34.88 million. This was primarily supported by higher rental and service income — driven both by new tenants replacing previously vacated space and by existing tenants renewing at higher rental and service rates per unit area. Operating profit margin remained strong at 61.7%, equivalent to THB 21.51 million, reflecting operational efficiency.
Net profit for the first half stood at THB 0.52 million, with underlying operating performance continuing to show clear improvement, consistent with the growth in revenue and operating profit. By comparison, the same period last year included a THB 85.96 million fair value gain on investment property — a one-off item not recurring in the current period.
The Summer Point project's underlying assets remain a key mechanism for generating recurring income, with the current occupancy rate at 80%, reflecting the company's ability to manage space and retain its tenant income base, while continuing to attract new tenants to fill available space and improve revenue per unit area.
Regarding income from the Receivables Sale and Transfer Agreement ("RSTA Agreement") — which represents recurring income from the project's assets, comprising rental income and other service income from Boutique Prakhanong 3 Limited ("BPKN3") under the RSTA Agreement — the company generated revenue of THB 22.43 million in the first half, supported by new tenants replacing former tenants as well as renewals by existing tenants at higher rental and service rates per unit area.
For Q2/2026, the group continued to show steady improvement, with total operating revenue of THB 17.71 million, up 7.6% year-on-year, while rental and service income stood at THB 17.60 million, up 7.2%, reflecting increased income from new tenants and renewals by existing tenants.
A key highlight was operating profit growth of 37.0%, rising from THB 7.82 million to THB 10.71 million, while total expenses declined 19.0% to THB 7.00 million from THB 8.64 million in the same quarter last year, reflecting improved cost and expense management efficiency.
In addition, Q2/2026 saw the company turn around to a net profit of THB 1.53 million, compared with a net loss of THB 2.91 million in Q2/2025 and a net loss of THB 1.01 million in Q1/2026, supported by higher operating profit combined with a 19.2% reduction in finance costs, from THB 12.94 million to THB 10.46 million.
On token structure management, the company carried out a token burn of 9,000,000 tokens, equivalent to 1% of total token supply, in accordance with the project mechanism. This burn has already been factored into the IRR calculation of 10.20% under the project structure, reflecting the company's management of token structure to enhance investment structure efficiency and support long-term token stability.
Regarding returns to SUMX token holders for Q2/2026, the company set total distributable returns at THB 0.0093 per token, comprising principal of THB 0.0053 per token and operating-period returns of THB 0.0040 per token, for a 91-day period, with payment scheduled for 27 August 2026, reflecting the mechanism for passing recurring income from the underlying assets through to token holders in line with the project structure.
"What the company prioritizes is strengthening the underlying assets of the Summer Point project and the recurring income generated from those assets — retaining our existing tenant base, attracting new tenants to fill available space, and improving revenue per unit area — alongside managing the token structure in line with the project mechanism, in order to sustain recurring income and lay the foundation for the business's long-term growth," said Mr. Arin.
SUMX Delivers Q1/2026 Return of THB 0.0128 per Token, Backed by Resilient "Summer Point" Asset and Strong Long-Term Cash Flow — Distribution Scheduled 28 May, Average Yield of 10.2% per Annum
The Issuer Co., Ltd., issuer of the digital investment token "SUMX" or "Summer Point Token", has disclosed its Q1 2026 operating results, reporting total revenue of THB 17.19 million. The results reflect the continued potential of the underlying asset, Summer Point — a mixed-use project on the Sukhumvit–Phra Khanong corridor — to generate steady operating cash flows, supported by real occupancy demand, a quality tenant base, and proactive Tenant Mix management aimed at strengthening the long-term revenue structure. The company is also preparing to distribute a return of THB 0.0128 per token to SUMX holders for Q1/2026, payable on 28 May 2026.
Mr. Arin Rattanakowit, Director and Deputy Chief Asset Officer of The Issuer Co., Ltd., issuer of the "SUMX" or "Summer Point Token" digital token, commented that the Summer Point project continues to demonstrate strong revenue-generating potential, underpinned by its Prime Sukhumvit location, which caters to both business tenants and the new-generation lifestyle community in the Sukhumvit–Phra Khanong area.
The company has announced its Q1/2026 operating results, with the group recording total operating revenue of THB 17.19 million, comprising rental and service income of THB 17.17 million and other income of THB 0.02 million, alongside an operating profit of THB 10.82 million. This reflects the underlying asset's continued ability to generate cash flows. Financial costs and tax items recognised under applicable accounting standards had no material impact on investor return distributions, with core operating profit remaining stable and in line with targets.
The company is preparing to distribute a return to SUMX token holders for Q1/2026 of THB 0.0128 per token, representing an annualised return of approximately 10.2%, with payment scheduled for 28 May 2026. This underscores SUMX's strength as a real asset-backed digital investment token capable of sustaining consistent return distributions.
In addition, the company has executed a Token Burn of 9,000,000 tokens, equivalent to 1% of total token supply, in accordance with the project's established mechanism.
Mr. Arin stated: "Summer Point is focused on generating stable cash flows from an asset backed by genuine demand. We are proactively managing the project through Tenant Mix optimisation and the selection of tenants aligned with the lifestyle and consumer behaviour of the surrounding community, to support sustained utilisation within the project. A number of tenants also operate 24-hour businesses, which contributes incremental utility revenue and reinforces the long-term strength of our revenue structure."
As of the end of Q1/2026, the Summer Point project maintains an occupancy rate of 84%, with new tenants progressively being onboarded to fill vacant space and sustain revenue continuity. The group's total assets stand at THB 684.45 million, the majority of which comprises investment properties and land-use rights relating to the Summer Point project — reflecting the strength of the underlying asset supporting long-term investment by SUMX token holders.
Latest Update
