Thailand's Finance Ministry to Launch G-Token Digital Investment Assets

Thailand's Finance Ministry has announced plans to launch 5 billion baht (roughly $150 million) worth of digital investment assets

Thailand’s Finance Ministry is planning to launch 5 billion baht (roughly $150 million) worth of digital investment assets named "G-Token," with distribution expected within the next two months, a ministry official announced on Tuesday.

The initiative was approved by the cabinet and is part of the government’s current budget borrowing strategy for the year, said Pichai Chunhavajira, the Finance Minister, during a briefing.

The G-Token is designed to offer investors the potential for higher returns compared to traditional bank deposits and will be used to raise public funds.

It will not be classified as a debt instrument, officials noted.

The tokens are also expected to be in full compliance with regulations set by the Bank of Thailand and may contribute to increased activity in the secondary bond market by facilitating liquidity and expanding investor access.

Reports have indicated that this initial installment will function as a trial, and further issuances will be considered if there is sufficient demand.

As part of the Pheu Thai Party’s broader digital asset agenda, Thailand’s cabinet has now approved the rollout of G-Tokens. The decision follows earlier remarks from Thaksin Shinawatra, the father of Prime Minister Paetongtarn Shinawatra, who suggested that Thailand could look into stablecoins backed by government bonds.

Thailand’s move to launch a government-backed digital token comes amid a broader global shift as both national governments and established financial institutions are increasingly exploring blockchain-based investment tools.

Across Asia specifically, this shift is gaining momentum—countries like Malaysia and Japan have signaled greater openness to crypto adoption, with regulators and policymakers actively studying ways to integrate emerging technologies into their financial systems.

With the launch of the G-Token, Thailand joins a cohort of nations exploring digital assets to modernize public finances and expand investment opportunities for citizens.

As the crypto landscape continues to evolve, Thailand’s move could serve as a key turning point, not just for its own economy but for the broader Southeast Asia region. How this initiative unfolds could influence similar strategies in other markets, shaping the future of finance in the digital age.