Monaker Group Announces Crypto Offering Created by Majority-Owned Longroot for Major Thai Real Estate Development Company
MAGNOLIA, founded in 1994, is a renowned real estate developer in Thailand with a portfolio of developments that extend from condominiums to mixed-use and theme developments.
- MAGNOLIA, founded in 1994, is a renowned real estate developer in Thailand with a portfolio of developments that extend from condominiums to mixed-use and theme developments.
- MAGNOLIA is currently in development of The Forestias , Thailands largest property development project, valued at approximately 125,000 million Thai Baht (approximately US$4.12 billion).
- Longroots financial services are regulated by the Securities and Exchange Commission of Thailand to create digital assets for its corporate clients.
- Monaker expects its stake in Longroot (i.e., a current indirect 57% interest) to benefit from one of the fastest-growing global industries with increasing product demand.