Market Adoption & Innovation - KuCoin becomes the first international crypto exchange to support Thailand's G-Token, the world's first publicly offered tokenized government bond [1] - Thailand's Ministry of Finance launches the program, marking the country's debut sovereign bond listed on a digital asset exchange [1] - The bond issuance begins at 5 billion baht (approximately $153 million USD), with retail investors able to participate with as little as $3 USD [2] Regulatory Landscape & Strategic Positioning - KuCoin Thailand will handle subscriptions, redemptions, and listings alongside XSpring Digital, SIX Network, and Krungthai XSpring [1] - KuCoin's strong local regulatory footing is cited as a key factor in being chosen for the consortium [3] - Thailand is establishing itself as a crypto policy leader, with initiatives like TouristDigiPay and plans for a blockchain securities platform [3] Future Potential & Industry Impact - The program aims to broaden public access to sovereign debt through tokenization [2] - The G-Token initiative could serve as a blueprint for other governments, combining bond market reliability with blockchain efficiency and accessibility [4] - A future listing on KuCoin's global platform is possible, subject to regulatory approval [2]
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BSCN·2025-08-28 11:50