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Thailand Tests Digital Waters With $150M Government Investment Token
Thailand Tests Digital Waters With $150M Government Investment Token
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Thailand’s Finance Ministry is pioneering a digital investment initiative with the launch of G-Token, a government-backed token aiming to raise $150 million from public investors. Approved by the cabinet, this two-month pilot marks a strategic shift toward blockchain-based fundraising.
Unlike traditional debt instruments, the G-Token offers an alternative investment vehicle. "Investors can participate with minimal capital and expect returns exceeding conventional bank deposits," stated Finance Minister Pichai Chunhavajira. The Public Debt Management Office confirmed the token’s non-debt classification, positioning it as a yield-bearing digital asset.
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