Thailand to Issue $150M in Crypto Tokens
Thailand’s Ministry of Finance plans to issue $150 million in investment-grade digital tokens to manage public debt, announced Finance Minister Pichai Chunhavajira on May 13, 2025.
This initiative marks Thailand’s sovereign entry into blockchain technology, potentially influencing institutional interest and expanding the role of digital assets in government finance.
Thailand Allocates $150M for Digital Token Initiative
Thailand’s Finance Ministry is spearheading a new initiative to issue digital tokens worth $150 million. Announced by Finance Minister Pichai Chunhavajira, the plan aims to manage public debt efficiently.
“The move is consistent with recent regulatory changes supporting crypto investment funds and a growing openness toward tokenized assets,” said Pichai Chunhavajira, Finance Minister of Thailand. Approximately 5 billion baht will be allocated, highlighting Thailand’s commitment to embracing digital finance.
Institutional Interest Surges in Thai Blockchain Move
The finance sector in Thailand is abuzz with the potential effects of this move. Institutional interest is expected to increase, bolstering blockchain’s position in sovereign finance strategies.
Technological integration remains a focal point, as the specific blockchain platform is yet to be announced. Historically, Ethereum-based projects see a surge in attention, although no on-chain data is confirmed at this phase.
Comparative Analysis with Hong Kong and Singapore Projects
Similar initiatives by the Hong Kong Monetary Authority and Singapore’s Project Guardian have utilized Ethereum or Polygon testnets. These endeavors have generally raised awareness about tokenized real-world assets.
Experts predict institutional engagement might rise following Thailand’s announcement. Data from past pilots indicates potential moderate impacts on associated tokens like ETH, contingent on blockchain choices.
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