G-Token aims to make state-backed investments accessible to retail investors, while testing blockchain-based fundraising.
Thailand’s Finance Ministry is preparing to launch 5 billion baht ($150 million) in digital investment tokens known as the G-Token within the next two months. The initiative is designed to raise public funds through a new blockchain-based model.
Unlike traditional bonds, the G-Token will not be classified as a debt instrument. Instead, it will form part of the country’s budget borrowing plan and allow direct public participation.
Retail investors will be able to invest small amounts, with potential returns expected to exceed standard bank deposit rates.
The G-Token is expected to comply with all Bank of Thailand regulations and may enhance activity in the secondary bond market by improving liquidity and…