Thailand to Launch Investment Token to Raise Funds for Budget
Date: 2025-05-15 Author: Oliver Abernathy Categories: IN WORLD
The Thai authorities are planning to launch an investment token in the near future, the purpose of which will be to attract additional funds for government needs. According to officials, the issue will be carried out in full compliance with the regulatory requirements set by the Bank of Thailand.
Chairman of the State Finance Council Arthorn Choonhavajira said that the digital asset will not be classified as government debt. Instead, it will function as an investment product that generates income exceeding the current deposit rates offered in the country's banking system. The funds received from the sale of tokens are planned to be used to implement budget initiatives.
Currently, the average yield on deposits in Thailand varies between 1.25-1.5% per annum, which is lower than the established key rate of the Central Bank, which is 1.75%. The new token, according to the authorities' expectations, will be able to attract both local and foreign investors due to its more attractive yield.
The project is currently in preparation, and its launch is scheduled for the coming months. It will be part of a broader strategy to modernize the country's financial infrastructure using digital assets. Officials emphasize that the use of blockchain technologies will improve the transparency and efficiency of the distribution of public resources.
It is worth noting that positive changes in relation to cryptocurrencies are already being observed in Thailand. Recently, the country's Securities and Exchange Commission (SEC) recognized the USDT stablecoin from Tether as an official cryptocurrency. This decision made it possible to use it as a means of payment, as well as when listing digital assets on local crypto exchanges.
The release of a state investment token could be an important step towards further integration of digital financial instruments into the country's economy. The authorities hope that this initiative will help not only replenish the treasury, but also strengthen citizens' trust in digital assets in general.
