Thailand to Launch $150M in Blockchain Bonds for Retail Investors
Thailand is set to revolutionize its bond market by issuing $150 million in digital investment tokens, dubbed "G-tokens," through blockchain technology. The initiative, spearheaded by Finance Minister Pichai Chunhavajira and approved by the cabinet, will democratize access to government bonds for retail investors with entry points as low as $3.
Traditional bond markets in Thailand have long favored institutional and high-net-worth investors, but G-tokens aim to bridge this gap. While not technically debt instruments, these tokens will support government fundraising under the national budget. Returns are projected to outperform current bank deposit rates, which linger below 1.5%.
The launch, expected within two months, marks a significant step toward financial inclusion and blockchain adoption in Southeast Asia. No direct cryptocurrency or exchange involvement is noted in this sovereign debt instrument.