Bank Negara Malaysia has announced a three-year roadmap for asset tokenization, focusing on RWA

Bank Negara Malaysia (BNM) recently announced a three-year roadmap for asset tokenization, planning to conduct proof of concepts (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 SMEs, Sharia-compliant financial products, green finance, 24/7 cross-border automatic settlement, MYR-denominated token deposits and stablecoins, as well as CBDC integration. Furthermore, BNM emphasizes that this tokenization focuses on "real-world assets," rather than traditional cryptocurrencies. Industry feedback is now open, and the public can submit comments on the discussion paper, with a deadline of March 1, 2026.