Philippines Embraces Blockchain with Tokenized Treasury Bonds

The Philippines announced its intention to raise at least P10 billion through its first-ever tokenized Treasury bonds sale, leveraging blockchain technology. The Bureau of the Treasury will offer one-year, peso-denominated bonds on November 20. This initiative positions the Philippines alongside other countries exploring digital financial instruments.

The tokenized bonds, to be maintained in the bureau’s Distributed Ledger Technology registry, represent a significant step in financial market democratization.

The offering is primarily aimed at institutional investors, with a minimum investment of P10 million. This move could lead to further digitalization in government securities, potentially extending to retail Treasury bonds​​​​.