Philippines Treasury Embraces Tokenized Bonds and Digital Asset

Philippines Treasury Embraces Blockchain with $179M Tokenized Bonds

The Philippines Bureau of the Treasury opts for a groundbreaking approach, offering $179 million in one-year tokenized treasury bonds.They aimed at institutional buyers, the bonds, issued by state-owned banks, signify the Philippines' exploration of blockchain technology. 

This aligns with the broader trend of Asian governments embracing tokenized bonds and digital assets.