Thailand to Issue $150M in New Digital Investment Tokens

Thailand’s Ministry of Finance will issue $150 million (5 billion baht) worth of new digital investment tokens, called G-Tokens, within two months. These tokens will allow retail investors to invest in government bonds for as little as $3, offering potentially higher returns than bank deposits. While not a debt instrument or cryptocurrency, the G-Token will be tradable on licensed digital asset exchanges and is seen as a way to broaden participation in the digital economy, following a push for government-backed stablecoins. This initial issuance is intended to test the market.