Thailand Launches $150M G-Token Pilot: A New Digital Investment Option
Thailand's Ministry of Finance is introducing a novel digital investment token, the G-Token, with the Bank of Thailand overseeing its issuance and compliance. The initial launch is a $150 million pilot to gauge market interest in this innovative investment option.
The G-Token, an investment token rather than a debt instrument, is set to raise funds under the current budget plan. Investors can acquire these tokens with a small cash investment, potentially yielding higher returns than conventional US bank deposits. The Finance Ministry aims to collect approximately $150 million from the public within the next two months through this digital offering.
The G-Token's launch marks a significant step in Thailand's digital financial landscape. With the Bank of Thailand's supervision, this pilot issuance will test the market's appetite for digital investment tokens, offering investors an alternative path to potentially higher returns.
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