Catenaa, Saturday, May 17, 2025-Thailand plans to introduce a $150 million digital investment token within two months, signaling a major move into blockchain-backed public finance, according to the country’s finance minister.
Thailand Finance Minister made the announcement about the initiative on Tuesday.
The token, dubbed “G-Token,” will be issued by the Finance Ministry under the government’s existing budget borrowing framework but will not be classified as a debt instrument, Bloomberg reported.
The offering, worth approximately 5 billion baht ($150 million), aims to provide the public with investment opportunities that offer better returns than traditional bank deposits. Officials framed the move as part of a broader strategy to modernize Thailand’s financial infrastructure while stimulating domestic investment.
The digital token is expected to attract retail investors by leveraging blockchain technology to offer transparent, secure and accessible alternatives to conventional instruments. While not pegged as a stablecoin, the token reflects a growing regional interest in sovereign digital assets.
The policy follows remarks earlier this year from Thaksin Shinawatra, father of current Prime Minister Paetongtarn Shinawatra, who advocated for the issuance of government bond-backed stablecoins. The launch of the G-Token appears to align with those calls, even if it avoids the structure of a stablecoin.
Thailand’s latest crypto initiative comes amid rising adoption of blockchain finance across Asia. Neighboring countries such as Malaysia and Japan have also taken steps to explore or implement digital asset-based investment platforms.
