Market Entry & Regulatory Landscape - KuCoin becomes the first international crypto exchange to support Thailand's G-Token [1] - Thailand's Ministry of Finance launches the program, marking the debut sovereign bond listed on a digital asset exchange [1] - KuCoin Thailand will handle subscriptions, redemptions, and listings alongside other entities [1] - A future listing on KuCoin's global platform is possible, subject to regulatory approval [2] - Strong local regulatory footing is a key factor in KuCoin being chosen for the consortium [3] Tokenized Bond Details & Investment - The bond issuance begins at 5 billion baht (approximately $153 million) [2] - Retail investors can participate with as little as $3 [2] - The program aims to broaden public access to sovereign debt through tokenization [2] Thailand's Crypto Initiatives - Thailand is establishing itself as a crypto policy leader [3] - Recent moves include TouristDigiPay, a sandbox for foreign visitors to convert digital assets into baht, and plans for a blockchain securities platform [3] Strategic Implications for KuCoin - The G-Token initiative could serve as a blueprint for other governments [4] - The initiative combines bond market reliability with blockchain efficiency and accessibility [4] - The initiative is a milestone in bridging traditional finance with blockchain markets [3]
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BSCN·2025-08-28 03:48