October 5, 2020 Thailand’s central bank issues tokenized bonds.

The Bank of Thailand has issued tokenized government savings bonds work around $1.6B. The bonds were issued on the IBM Blockchain. The move has reduced the bank’s bond issuance time from 15 days to 2 days. Other Thai government agencies and private banks, including Bangkok Bank, Krungthai Bank, Kasikorn Bank, and Siam Commercial Bank, participated in the effort.