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The Central Bank of Malaysia has announced a 3-year asset tokenization roadmap, focusing on RWA.
ChainCatcher news, Bank Negara Malaysia (BNM), the central bank of Malaysia, recently announced a three-year asset tokenization roadmap, planning to conduct proof of concept (PoC) and field pilot projects through its “Digital Asset Innovation Hub” (DAIH). The roadmap establishes an “Asset Tokenization Industry Working Group” (IWG) co-led by BNM and the Securities Commission Malaysia (SC), focusing on scenarios that can bring clear economic value: for example, supply chain financing for small and medium-sized enterprises, Shariah-compliant financial products, green finance, 24/7 cross-border automatic settlement, MYR-denominated token deposits and stablecoins, as well as CBDC integration. In addition, BNM emphasizes that this tokenization focuses on “real-world assets” rather than traditional cryptocurrencies. Industry feedback has now opened, and the public can submit opinions on the discussion document, with a deadline of March 1, 2026.