[14th  March 2025, Singapore] – BondbloX Pte Ltd (BondbloX), the world’s first fractional bond exchange platform, and TSFC Securities Public Company Limited (TSFC), a premier securities finance corporation (SFC) in Thailand, have signed a Memorandum of Understanding (MOU) to explore the feasibility for a strategic partnership aimed at assessing potential pathways for BondbloX’s expansion into the Thai capital market.

The MoU was signed by Dr. Rahul Banerjee, Co-Founder & Chief Executive Officer of BondbloX, and Mr. Udomkarn Udomsab, Managing Director of TSFC, establishes the beginning of a mutual assessment to explore operational frameworks that could enhance accessibility for Thai investors to foreign bonds through broker companies and asset management companies’ channels.

The BondbloX’s platform offers trading of both “fractional bond” and “full-sized bond”  with price transparency, a user-friendly interface accessible via web and mobile. Under this collaboration, TSFC intends to leverage its strong network of partners in Thailand and deep expertise in the Thai capital market, while BondbloX brings its experience in the fixed income market and electronic distribution to support the project. Together, both parties will explore the feasibility of expanding access to the bond market, enabling investors to participate more conveniently and efficiently.

Mr. Rahul Banerjee, Co-Founder / CEO of BondbloX stated ‘We are excited to collaborate with TSFC in exploring the feasibility of integrating the BondbloX’s platform into the Thai capital market, particularly within the brokerage and asset management sectors. This MOU represents an important step in studying and developing innovative approaches that will offer new investment opportunities for Thai investors.’

Mr. Udomkarn Udomsab, Managing Director of TSFC, stated, ‘This MoU is an affirmation of our dedication to exploring of new opportunities that will enhance the investment landscape and broaden the global investment possibilities available to our clientele. We are eager to collaborate with the BondbloX in order to explore prospective areas for future collaboration.’