Malaysia’s Central Bank Launches 3-Year Asset Tokenization Roadmap for Digital Finance Growth
Bank Negara Malaysia has embarked on a three-year initiative to explore real-world asset tokenization, with pilot programs slated for 2026 and 2027. The project focuses on supply-chain finance, Islamic finance, and green finance, leveraging smart contracts to enhance efficiency and transparency.
The central bank’s cautious approach involves regulated entities through its Digital Asset Innovation Hub and an Industry Working Group. Tokenization—converting physical or financial assets into digital tokens—promises faster settlements and broader market access, particularly for small investors.
Public feedback will shape policy decisions until March 2026, underscoring BNM’s commitment to an inclusive digital finance evolution.