Thailand to Launch $150 Million Government-Backed Digital Investment Token
G-Token initiative aims to democratize public investment and modernize government fundraising through blockchain technology
Thailand's Ministry of Finance has announced plans to issue a government-backed digital investment token, known as G-Token, to raise 5 billion baht (approximately $150 million) from public investors.
The initiative, approved by the cabinet on 13 May 2025, is designed to provide an alternative investment avenue for the public and to support the government's budgetary needs.
The G-Token will be issued by the Public Debt Management Office (PDMO) under the Ministry of Finance and will be regulated by the Securities and Exchange Commission (SEC) of Thailand.
The token is structured to function similarly to traditional government bonds but will be distributed and managed through blockchain technology.
Investors will be entitled to receive their principal investment along with interest, as specified by the Ministry of Finance.
Deputy Prime Minister and Finance Minister Pichai Chunhavajira stated that the G-Token is intended to offer higher returns than conventional bank deposits, with a low entry point to encourage participation from a broad base of retail investors.
The minimum investment is set at 100 baht, making it accessible to individuals with limited capital.
The SEC has clarified that the G-Token is not a cryptocurrency and cannot be used as a means of payment.
Its primary purpose is to serve as a savings-oriented investment instrument, and it will be tradable on authorized digital asset exchanges.
The SEC will oversee the secondary market trading of G-Tokens, focusing on measures to prevent market manipulation, ensure trading transparency, and protect investors.
The issuance of G-Tokens will be conducted through an initial coin offering (ICO) portal selected by the PDMO, with the Ministry of Finance acting as the registrar.
Investors with digital wallets on authorized exchanges will be able to invest directly, while those investing through securities firms will have their tokens held in custody by digital wallet operators.
This initiative marks Thailand's first foray into government-issued digital investment tokens and represents a significant step in integrating digital assets into the country's financial strategy.
The launch of the G-Token is scheduled for July 2025, following the completion of a public hearing on its regulatory framework.
The initiative, approved by the cabinet on 13 May 2025, is designed to provide an alternative investment avenue for the public and to support the government's budgetary needs.
The G-Token will be issued by the Public Debt Management Office (PDMO) under the Ministry of Finance and will be regulated by the Securities and Exchange Commission (SEC) of Thailand.
The token is structured to function similarly to traditional government bonds but will be distributed and managed through blockchain technology.
Investors will be entitled to receive their principal investment along with interest, as specified by the Ministry of Finance.
Deputy Prime Minister and Finance Minister Pichai Chunhavajira stated that the G-Token is intended to offer higher returns than conventional bank deposits, with a low entry point to encourage participation from a broad base of retail investors.
The minimum investment is set at 100 baht, making it accessible to individuals with limited capital.
The SEC has clarified that the G-Token is not a cryptocurrency and cannot be used as a means of payment.
Its primary purpose is to serve as a savings-oriented investment instrument, and it will be tradable on authorized digital asset exchanges.
The SEC will oversee the secondary market trading of G-Tokens, focusing on measures to prevent market manipulation, ensure trading transparency, and protect investors.
The issuance of G-Tokens will be conducted through an initial coin offering (ICO) portal selected by the PDMO, with the Ministry of Finance acting as the registrar.
Investors with digital wallets on authorized exchanges will be able to invest directly, while those investing through securities firms will have their tokens held in custody by digital wallet operators.
This initiative marks Thailand's first foray into government-issued digital investment tokens and represents a significant step in integrating digital assets into the country's financial strategy.
The launch of the G-Token is scheduled for July 2025, following the completion of a public hearing on its regulatory framework.
