Thailand is launching the G-Token, a blockchain-based investment product aimed at modernizing public fundraising and expanding access to government-backed investments.
Unlike traditional bonds, the G-Token isn’t classified as a debt instrument and will be offered under the national budget borrowing plan, allowing everyday investors to participate with small capital.
Finance Minister Pichai Chunhavajirai says the token will offer yields higher than current bank deposit rates, which sit around 1.25%–1.5%. With the Bank of Thailand recently cutting interest rates to 1.75%, the G-Token could become an attractive alternative for yield-seeking savers.
Backed by the ruling Pheu Thai Party and the cabinet, the G-Token is part of Thailand’s broader push into digital finance. Former PM Thaksin Shinawatra has also advocated for blockchain-based bond solutions. As a pilot project, future G-Token issuances will depend on investor demand.
Thailand’s move aligns with a regional trend: More Asian countries are exploring blockchain-driven financial tools in response to global shifts in crypto and digital asset policy.
Image Credit: Pixabay
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