Bank Negara Malaysia's new SSDS+ platform supports issuance, depository and safekeeping of tokenized debt securities, including sukuk, and links to the RENTAS+ payment system for settlement in central bank money around the clock. While built for wholesale issuance, the central bank says it can also handle tokenized government and corporate retail bonds; no securities issued or volumes were disclosed. The rollout follows BNM's three-year asset tokenization roadmap announced in November 2025, and February tests of ringgit stablecoins and tokenized deposits with Standard Chartered, CIMB, Maybank and Capital A.

AI summary of the linked source — not editorial content.

Explore the topic

Loading related coverage…

Comments

Loading comments…