Thailand's Ministry of Finance Plans to Issue $150 Million Digital Investment Token

Source
JH Kim

Summary

  • Thailand's Ministry of Finance plans to issue a digital investment token G-Token worth $150 million.
  • Thailand's Deputy Prime Minister Pichai Chunhavajira stated that the issuance of G-Token will raise funds for the budget borrowing plan.
  • It was added that investors can invest in G-Token with a small amount of cash.

According to Bloomberg on the 13th (local time), Thailand's Ministry of Finance plans to issue a digital investment token called G-Token worth 5 billion baht (approximately $150 million).

Pichai Chunhavajira, Thailand's Deputy Prime Minister and Minister of Finance, stated, "We will issue the G-Token within two months to raise funds according to the budget borrowing plan," adding, "Investors can invest in G-Token with a small amount of cash."

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JH Kim

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