Michaela
Thailand’s Finance Ministry has announced plans to launch 5 billion baht (roughly $150 million) worth of digital investment assets under the name “G-Token,” with distribution expected within the next two months.
Thai Finance Minister Pichai Chunhavajira revealed the initiative during a briefing on Tuesday, following the cabinet’s official approval of the plan.
The G-Token is designed to offer investors the potential for higher returns compared to traditional bank deposits. While it will serve as a tool for raising public funds under the government’s current budget borrowing strategy, officials clarified that it will not be classified as a debt instrument.
Furthermore, the tokens are expected to comply fully with regulations set by the Bank of Thailand and may support increased activity in the secondary bond market by enhancing liquidity and broadening investor access. Reports have indicated that this initial rollout will function as a trial, with additional issuances considered if there is sufficient demand.
As part of the Pheu Thai Party’s broader digital asset agenda, Thailand’s cabinet has approved the rollout of G-Tokens. The decision follows earlier remarks from Thaksin Shinawatra, father of Prime Minister Paetongtarn Shinawatra, who proposed that Thailand explore stablecoins backed by government bonds.
Thailand’s decision to move forward with a government-backed digital token reflects a growing global trend as both national governments and established financial institutions increasingly explore blockchain-based investment tools.
Across Asia, this shift is gaining momentum—countries like Malaysia and Japan have signaled greater openness to digital asset adoption, with regulators and policymakers actively studying ways to integrate emerging technologies into their financial systems.
By launching the G-Token, Thailand positions itself among a rising cohort of nations leveraging digital assets to modernize public finance and expand investment opportunities for citizens.
As the digital asset landscape continues to evolve, Thailand’s move could serve as a key turning point, not just for its economy but for the broader region. How this initiative unfolds could influence similar strategies in other markets, shaping the future of finance in the digital age.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
