Thailand to Issue $148M in Tokenized Government Bonds by October

In Brief:

Thailand will launch $148 million in tokenized government bonds before September 30.

The bonds will be part of a sandbox project and trade on a digital platform.

The initiative aligns with Thailand’s push for blockchain-based financial innovation.

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Thailand is set to become a leader in blockchain-powered finance as its government plans to issue 5 billion Thai baht (around $148 million) in tokenized government bonds before the end of the fiscal year. The bonds will be introduced as part of a regulatory sandbox, allowing real-world testing on a digital trading platform under the oversight of the Thai Securities and Exchange Commission (SEC).

The move reflects Thailand’s growing embrace of digital assets, following similar efforts to integrate blockchain into its financial system. By digitizing bond issuance and trading, the government aims to improve transparency, efficiency, and accessibility for investors.

If successful, this initiative could pave the way for wider adoption of tokenized financial instruments in Thailand and beyond.

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