{"id":28787,"date":"2025-08-27T13:22:00","date_gmt":"2025-08-27T10:22:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28787"},"modified":"2025-08-27T13:25:12","modified_gmt":"2025-08-27T10:25:12","slug":"thailand-and-kucoin-to-launch-tokenized-government-bonds","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/thailand-and-kucoin-to-launch-tokenized-government-bonds\/","title":{"rendered":"Thailand and KuCoin to Launch Tokenized Government Bonds"},"content":{"rendered":"<p>Thailand&#8217;s Ministry of Finance has selected the cryptocurrency exchange KuCoin as its first international partner for the implementation of the G-Token tokenized government bonds program.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Historic first for Thailand \ud83c\uddf9\ud83c\udded<\/p>\n<p>The G-Token is the world\u2019s first publicly offered tokenized government bond, backed by the Ministry of Finance. Proud to be the first global crypto exchange to support this breakthrough alongside <a href=\"https:\/\/twitter.com\/KuCoinThailand?ref_src=twsrc%5Etfw\">@KuCoinThailand<\/a>. <a href=\"https:\/\/t.co\/dpuYJ9FWe2\">pic.twitter.com\/dpuYJ9FWe2<\/a><\/p>\n<p>\u2014 KuCoin (@kucoincom) <a href=\"https:\/\/twitter.com\/kucoincom\/status\/1960609343856107774?ref_src=twsrc%5Etfw\">August 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The local branch of the trading platform will be responsible for the subscription, redemption, and listing of the bonds in collaboration with partners XSpring Digital, SIX Network, and Krungthai XSpring.<\/p>\n<p>Initially, the bonds will be placed on local licensed exchanges. In the future, they may be listed on the global KuCoin platform, pending regulatory approval.<\/p>\n<p>The issuance will amount to 5 billion baht ($153 million). The program aims to expand retail investors&#8217; access to government bonds, which offer a fixed yield higher than bank deposits.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOur designation as the first global exchange for Thailand&#8217;s G-Token program is due to our legal operations and possession of all necessary licenses in the country. We have established a presence in Thailand, partnered with local companies, and as a result, the Ministry of Finance has chosen us as a reliable partner for issuing tokenized bonds,\u201d a KuCoin representative commented to <a href=\"https:\/\/decrypt.co\/336978\/thailand-kucoin-first-global-exchange-tokenized-bond-program\">Decrypt<\/a>.<\/p>\n<\/blockquote>\n<p>The exchange <a href=\"https:\/\/forklog.com\/en\/news\/kucoin-enters-thai-market-following-binances-lead\">entered<\/a> the Thai market in April.<\/p>\n<p>The digital investment token G-Token was <a href=\"https:\/\/forklog.com\/en\/news\/thailand-to-launch-investment-token-to-bolster-budget\">launched<\/a> in May to raise funds for the country&#8217;s budget. KuCoin emphasized that the initiative combines the reliability of government bonds with the efficiency of blockchain and could serve as a model for other governments.<\/p>\n<p>In August, Thai authorities <a href=\"https:\/\/forklog.com\/en\/news\/thailand-to-launch-cryptocurrency-exchange-program-for-tourists\">announced<\/a> the TouristDigiPay initiative, which will allow foreign visitors to convert cryptocurrency into Thai baht for online payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thailand&#8217;s Ministry of Finance has selected KuCoin as its first international partner for the G-Token tokenized government bonds program.<\/p>\n","protected":false},"author":1,"featured_media":28788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The issuance will amount to 5 billion baht ($153 million).","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1411,1308,1266],"class_list":["post-28787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kucoin","tag-rwa","tag-thailand"],"aioseo_notices":[],"amp_enabled":true,"views":"317","promo_type":"1","layout_type":"1","short_excerpt":"The issuance will amount to 5 billion baht ($153 million).","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=28787"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28787\/revisions"}],"predecessor-version":[{"id":28789,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28787\/revisions\/28789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/28788"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=28787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=28787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=28787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}