(19 February 2026 – Malaysia) Maybank has commenced a pilot program for ringgit-denominated tokenised money as part of Malaysia’s Digital Asset Innovation Hub (DAIH), marking a further step in the bank’s digital asset strategy.
The initiative is being undertaken with energy infrastructure group Yinson Holdings Berhad and will test on-chain cross-border payments involving ringgit and other ASEAN deposit tokens. Transactions will be executed via Maybank’s permissioned blockchain infrastructure, with the pilot designed to evaluate both technical feasibility and operational readiness in near real time.
Beyond the immediate use case, Maybank has outlined broader ambitions in tokenised finance. The bank intends to develop a suite of tokenised assets for corporate clients, including Shariah-compliant solutions tailored to both large enterprises and small and medium-sized businesses. For wealth customers, the focus includes tokenised investment offerings, particularly Islamic finance instruments such as sukuk and funds.