Thailand G-token: Government Bonds Enter the Blockchain Era
The Thai government will launch G-token in 2025, a significant innovation that digitizes and puts government bonds on the blockchain. Through G-token, Thailand is bringing traditional financial instruments into the blockchain era, achieving greater inclusiveness, transparency, and efficiency.
What is G-token?
G-token is a government bond token issued by the Ministry of Finance, issued, traded, and redeemed based on blockchain technology, possessing all the financial attributes of traditional bonds. The first issuance is expected to be 5 billion baht, launching in July.
What are the advantages?
• Low threshold: Investment starts from a few hundred baht, supporting “partial ownership,” open to retail investors.
• Fully digital process: Account opening, subscription, holding, and redemption can all be completed online.
• Safe and transparent: Regulated by the Securities and Exchange Commission of Thailand, with on-chain data being public and immutable.
• Compliant tax system: Interest income is subject to a withholding tax of 15%, the same as traditional bonds.
Investment process
Account opening → Review prospectus → Place order → Receive tokens → Hold or trade → Maturity redemption.
What is the significance?
G-token is not just a digital bond, but a key step for Thailand in promoting inclusive digital finance, simplifying national financing, and enhancing the modernization of the capital market. It makes government bonds more accessible, management more transparent, and drives the digital upgrade of the financial ecosystem.
Risk warning
Initial liquidity is limited, requiring a certain level of digital financial operational ability, and regulatory policies may still be adjusted.
G-token demonstrates the direction of future government financing: compliant, safe, low-threshold, and technology-driven. Thailand is leading the way.
“G Token” is the native token of Gravity (built by Galxe), and its issuance and deployment details are as follows:
• Primarily deployed on the Gravity Alpha mainnet (Layer 1), serving as the Gas token, staking asset, and governance token of this chain.
• Also deployed as an ERC-20 token on Ethereum and BNB Chain, and bridged to other chains (such as Base) through LayerZero OFT.
In other words, G Token is used for trading and governance on the Gravity main chain, while also existing in ERC-20 form on mainstream EVM chains, and can be interchanged through cross-chain bridges.