Thailand's Ministry of Finance is about to launch $150 million in digital investment tokens, which will allow retail investors to buy government bonds.
On May 13, the Bangkok Post noted that Finance Minister Pichai Chunhavajira introduced this initiative following cabinet approval, stating that the tokens would debut in two months.
Patchara Anuntasilpa, director general of the Public Debt Management Office, explained that these "G-tokens" are intended to raise public funds under the current budget borrowing plan and are not considered debt instruments.
He highlighted that one of the main advantages of the tokens is the increased participation of retail investors in the digital economy, with investments starting at just $3.