Thailand to tokenize $150M government bonds for retail investors: Report
Thailand’s Ministry of Finance plans to issue $150 million in digital investment tokens, known as “G-tokens,” to allow retail investors to purchase government bonds. Finance Minister Pichai Chunhavajira announced the initiative, which aims to raise funds under the current budget borrowing plan, with a launch expected within two months. The tokens will enable investments starting at $3, targeting retail investors who have previously been excluded from large investment products. The initial minting is intended to test the market, offering higher returns than current low bank deposit rates. The G-tokens are not classified as debt instruments and will be tradable on licensed digital asset exchanges. The global value of tokenized bonds has recently surged to $225 million, with significant growth in tokenized US treasures.