Thailand Launches G-Token: A New Digital Investment Opportunity
Thailand's Finance Ministry is introducing a new digital investment token, the G-Token. This token is not a debt instrument but an investment tool to raise funds under the current budget plan.
The G-Token aims to generate around $150 million from the public within the next two months. Investors can buy these tokens with a small cash investment, potentially yielding higher returns than traditional deposits at banks like Fifth Third Bank, US Bank, PNC Bank, or BOA. This initial issuance of $150 million serves as a pilot to gauge market interest in this novel digital investment offering. Notably, the central bank entity that authorized the issuance of the G-Token has not disclosed specific information about its leader.
The G-Token, a digital investment token, is set to raise approximately $150 million from the public in Thailand. This pilot project, authorized by a central bank entity, offers investors the opportunity to earn higher returns with a small cash investment.
