Thailand appoints the founder of dao5 and Movement Labs as an advisor to assist in the development of blockchain infrastructure in Thailand

ChainCatcher news, according to local media Share2Trade, the Director of the Thailand National Economic and Social Development Council (TIDC) Wai Man Raymond Chu announced the appointment of dao5 founder Tekin Salimi and Movement Labs co-founder Rushi Manche as advisors. Both advisors have a background in Polychain Capital and will assist Thailand in developing blockchain infrastructure.

Rushi revealed on social media that his work will focus on national stablecoin tokenization and issuance, decentralized AI network training, as well as strategic reserve plans for assets such as Bitcoin, Ethereum, and MOVE. TIDC, as Thailand's first institution focused on the digital ecosystem, aims to promote the country's digital economic transformation.