Malaysia’s central bank launches asset tokenization initiative
Bank Negara Malaysia launched a three-year initiative, including a Digital Asset Innovation Hub, to explore real-world asset tokenization.Summary
Bank Negara Malaysia (BNM) has initiated a three-year program to evaluate the application of real-world asset tokenization in sectors such as supply-chain and Islamic finance. This effort is being driven through a new Digital Asset Innovation Hub and an industry working group tasked with gathering feedback on potential use cases. BNM has published a report seeking industry input to shape future policies, aiming to foster digital asset innovation while ensuring financial stability. The initiative will proceed in phases, starting with proofs of concept and pilot projects in 2026, followed by trials in 2027. This move places Malaysia among nations exploring blockchain-based financial infrastructure, with supply-chain finance highlighted as a key area for initial pilots.
(Source：Crypto Briefing)