ChainCatcher news, Bank Negara Malaysia (BNM), the central bank of Malaysia, has recently announced a three-year asset tokenization roadmap, planning to launch proof-of-concept (PoC) and on-site pilot projects through its "Digital Asset Innovation Hub" (DAIH).
The roadmap establishes an "Asset Tokenization Industry Working Group" (IWG) jointly led by BNM and the Securities Commission Malaysia (SC), focusing on scenarios that can bring clear economic value: such as SME supply chain financing, Shariah-compliant financial products, green finance, 24/7 cross-border automated settlement, MYR-denominated token deposits and stablecoins, as well as CBDC integration. In addition, BNM emphasized that this tokenization initiative focuses on "real-world assets" rather than traditional cryptocurrencies. Industry feedback is now open, and the public can submit comments on the discussion paper until March 1, 2026.