According to a report from Mars Finance, KuCoin, in collaboration with KuCoin Thailand, XSpring Digital, Krungthai XSpring, and SIX Network, officially became the first and only global cryptocurrency exchange to support Thailand's historic G-Token project on August 27, 2025. G-Token is the world's first tokenized government bond issued by the treasury of a sovereign nation, and it is also Thailand's first government bond listed on a digital asset exchange, led by the Thai Ministry of Finance. KuCoin Thailand is responsible for the technical development and listing as the designated primary digital asset exchange, while KuCoin Global provides technical consulting, secondary market liquidity support, and international market expansion. This move highlights Thailand's leading position in the digital finance sector and establishes KuCoin's global pioneering role in the tokenization of real-world assets (RWA).