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Thailand's First Tokenized Government Bond Listed on a Digital Asset Exchange Marks New Era in Real-World Asset (RWA) Innovation
BANGKOK, Aug. 27, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, proudly announces its participation as the first global crypto exchange to support Thailand's historic G-Token Program. G-Token is the world's first publicly offered tokenized government bond initiative issued by Thailand's Ministry of Finance and marks Thailand's inaugural government bond listed on a digital asset exchange.
In this groundbreaking project, KuCoin has entered into a consortium agreement and formed a strategic partnership with XSpring Digital and KuCoin Thailand. KuCoin Thailand, a licensed digital asset exchange operator regulated by Thailand SEC, will serve as one of the first digital asset exchanges to support the subscription, redemption and listing of the G-Token. Other consortium members include SIX Network and Krungthai XSpring. Subject to regulatory approval, the G-Token will also be listed on KuCoin's global platform, reinforcing KuCoin's commitment to advancing financial innovation and fostering the adoption of digital assets on a global scale.
The G-Token, or "Government Digital Bond," is a tokenized Real-World Asset (RWA) issued under the Public Debt Management Act by Thailand's Ministry of Finance. It represents a landmark in public finance innovation, combining the credibility of sovereign bonds with the efficiency of blockchain technology. Unlike cryptocurrencies, G-Tokens are government-backed financial instruments, offering eligible investors - both institutional and retail- access and the opportunity to invest, with principal and interest repayment guaranteed by the Ministry of Finance.
Democratizing Access to Finance
Historically, government bond markets required high minimum investment thresholds, excluding many retail investors. The G-Token removes these barriers by democratizing access to government securities, enabling broad participation through digital platforms.
By leveraging blockchain technology, the G-Token also delivers: transparency and trust through immutable, verifiable data; efficiency gains by lowering operational costs and improving issuance workflows and greater liquidity via secondary market trading.
This initiative marks Thailand's boldest step into digital finance, creating a model for other nations considering blockchain integration in sovereign debt markets.
KuCoin's Pivotal Role
As the first and only digital asset exchange supporting this historic initiative, KuCoin will play a pivotal role in its success. Together with SEC-licensed KuCoin Thailand, KuCoin will provide technology advisory for the overall G-Token program and serve as the primary operator for key secondary market trading to enhance liquidity and lead ecosystem development for G-Token applications. Additionally, KuCoin will offer strategic guidance on international market expansion, connecting Thailand's financial innovation with global capital markets.
BC Wong, CEO of KuCoin, said:
"KuCoin has always been committed to bridging traditional finance with the crypto world through secure and innovative solutions. Supporting Thailand's Ministry of Finance and XSpring on the world's first sovereign tokenized bond demonstrates our leadership in RWA adoption. We are proud to be the first and the only global exchange to support the G-Token, which sets a global benchmark for financial innovation and inclusion."
Looking Ahead: Thailand as a Leader, KuCoin as a Pioneer
The G-Token initiative positions Thailand as Southeast Asia's undisputed leader in digital finance, showcasing how blockchain can transform traditional markets while maintaining investor protection and regulatory standards.
For KuCoin, this milestone reinforces its global commitment to advance RWA tokenization, democratize access to financial markets, and build a bridge between traditional capital and the digital economy.
About KuCoin
Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/
Thailand's First Tokenized Government Bond Listed on a Digital Asset Exchange Marks New Era in Real-World Asset (RWA) Innovation
BANGKOK, Aug. 27, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, proudly announces its participation as the first global crypto exchange to support Thailand's historic G-Token Program. G-Token is the world's first publicly offered tokenized government bond initiative issued by Thailand's Ministry of Finance and marks Thailand's inaugural government bond listed on a digital asset exchange.
In this groundbreaking project, KuCoin has entered into a consortium agreement and formed a strategic partnership with XSpring Digital and KuCoin Thailand. KuCoin Thailand, a licensed digital asset exchange operator regulated by Thailand SEC, will serve as one of the first digital asset exchanges to support the subscription, redemption and listing of the G-Token. Other consortium members include SIX Network and Krungthai XSpring. Subject to regulatory approval, the G-Token will also be listed on KuCoin's global platform, reinforcing KuCoin's commitment to advancing financial innovation and fostering the adoption of digital assets on a global scale.
The G-Token, or "Government Digital Bond," is a tokenized Real-World Asset (RWA) issued under the Public Debt Management Act by Thailand's Ministry of Finance. It represents a landmark in public finance innovation, combining the credibility of sovereign bonds with the efficiency of blockchain technology. Unlike cryptocurrencies, G-Tokens are government-backed financial instruments, offering eligible investors - both institutional and retail- access and the opportunity to invest, with principal and interest repayment guaranteed by the Ministry of Finance.
Democratizing Access to Finance
Historically, government bond markets required high minimum investment thresholds, excluding many retail investors. The G-Token removes these barriers by democratizing access to government securities, enabling broad participation through digital platforms.
By leveraging blockchain technology, the G-Token also delivers: transparency and trust through immutable, verifiable data; efficiency gains by lowering operational costs and improving issuance workflows and greater liquidity via secondary market trading.
This initiative marks Thailand's boldest step into digital finance, creating a model for other nations considering blockchain integration in sovereign debt markets.
KuCoin's Pivotal Role
As the first and only digital asset exchange supporting this historic initiative, KuCoin will play a pivotal role in its success. Together with SEC-licensed KuCoin Thailand, KuCoin will provide technology advisory for the overall G-Token program and serve as the primary operator for key secondary market trading to enhance liquidity and lead ecosystem development for G-Token applications. Additionally, KuCoin will offer strategic guidance on international market expansion, connecting Thailand's financial innovation with global capital markets.
BC Wong, CEO of KuCoin, said:
"KuCoin has always been committed to bridging traditional finance with the crypto world through secure and innovative solutions. Supporting Thailand's Ministry of Finance and XSpring on the world's first sovereign tokenized bond demonstrates our leadership in RWA adoption. We are proud to be the first and the only global exchange to support the G-Token, which sets a global benchmark for financial innovation and inclusion."
Looking Ahead: Thailand as a Leader, KuCoin as a Pioneer
The G-Token initiative positions Thailand as Southeast Asia's undisputed leader in digital finance, showcasing how blockchain can transform traditional markets while maintaining investor protection and regulatory standards.
For KuCoin, this milestone reinforces its global commitment to advance RWA tokenization, democratize access to financial markets, and build a bridge between traditional capital and the digital economy.
About KuCoin
Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
KuCoin Becomes First Crypto Exchange to Support Thailand's Historic G-Token Project
ST. PAUL, Minn., Jan. 14, 2026 /PRNewswire/ -- iotaMotion, Inc., creator of iotaSOFT®, the first and only FDA cleared robotic-assisted cochlear implant insertion system, today announced U.S. Food and Drug Administration (FDA) 510(k) clearance for expanded pediatric use of its iotaSOFT® Insertion System. The system is now cleared for use in patients four years of age and older, extending access to robotic-assisted cochlear implantation for school-aged children.
"Receiving FDA clearance for expanded pediatric use marks a significant milestone for iotaMotion and for families navigating cochlear implant decisions," said Mike Lobinsky, CEO of iotaMotion. "By standardizing one of the most delicate steps in cochlear implant surgery, iotaSOFT helps reduce variability which could provide parents greater confidence as they consider cochlear implantation for their children."
The iotaSOFT Insertion System enables precise and controlled electrode array insertion during one of the most delicate steps of cochlear implant surgery. By standardizing this critical step, iotaSOFT is designed to help preserve delicate cochlear structures, a consideration that is often central to decision-making.
As part of this milestone, Cincinnati Children's Hospital, a nationally ranked pediatric medical center, and U.S. News & World Report Honor Roll member for 2025–2026, has become the first dedicated pediatric center to adopt the iotaSOFT Insertion System. Cincinnati Children's joins over 35 leading cochlear implant centers across the United States, including nearly half of U.S. neurotology fellowship training programs, that have adopted this innovative technology.
"At Cincinnati Children's, our focus is delivering the highest standard of care while thoughtfully integrating innovations that benefit our patients," said Dr. Daniel Choo, chief clinical growth officer and professor of otolaryngology–head and neck surgery. "Robotic-assisted cochlear implantation represents a meaningful advancement in our cochlear implant program."
Globally, fewer than 5% of eligible cochlear implant candidates receive an implant, despite more than 430 million people worldwide experiencing disabling hearing loss, according to the World Health Organization. In pediatric patients, early access to sound is critical for speech, language and educational development, yet concerns around hearing preservation and surgical variability can delay intervention.
A 2025 clinical cohort study published in The Laryngoscope (Khan et al.) found that 85% of patients in the robotic-assisted insertion group maintained hearing preservation at one year, compared with 71% in the manual insertion group, according to its authors.
"Robotic assistance in cochlear implantation is about precision and consistency," said Marlan Hansen, MD, co-founder and chief medical officer of iotaMotion. "With the expanded pediatric indication for iotaSOFT, supported by growing clinical evidence, families can have greater confidence that controlled, standardized insertion is designed to protect the cochlea and preserve its structure and function. This is especially important for children who may benefit from emerging therapeutic advances, including gene-based and regenerative hearing technologies, which will likely depend on atraumatic, cochlear implant array placement early in life."
About iotaMotion
iotaMotion, Inc. is a medical technology company based in St. Paul, Minnesota, dedicated to advancing cochlear implant surgery beyond human capability through robotic-assisted solutions. Its flagship technology, the iotaSOFT® Insertion System, is designed to preserve delicate intracochlear structures through slow and consistent electrode array insertion. The system is commercially available in the United States and under clinical investigation in other global markets.
For more information, visit http://www.iotamotion.com/ and follow us on LinkedIn, X, Facebook, YouTube.
Sources:
Claussen AD, et al. Comparative Analysis of Robotics-Assisted and Manual Insertions of Cochlear Implant Electrode Arrays. Otol Neurotol, 2022.
Khan AM, et al. Robotic-Assisted Electrode Array Insertion Improves Rates of Hearing Preservation. The Laryngoscope, 2025.
Data on file
Media Contact:
Sara Ashburn-Reed
Sashburn-reed@iotamotion.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
iotaMotion Receives FDA Clearance for Expanded Pediatric Use of iotaSOFT® Robotic-Assisted Cochlear Implant Insertion System
