KUALA LUMPUR, Dec 18 (Bernama) — CIMB Group Holdings Berhad (“CIMB” or “the Group”) today announced its commitment to develop tokenised financial services spanning tokenised assets, tokenised settlement and next-generation payment rails, supporting Malaysia’s national agenda to broaden adoption of tokenisation across the financial ecosystem. The various initiatives will be rolled out in phases through Securities Commission Malaysia’s (“SC”) industry pilot programme on securities tokenisation. CIMB will also engage Bank Negara Malaysia (“BNM”) to seek admission into the Digital Asset Innovation Hub.
Novan Amirudin, Group Chief Executive Officer of CIMB Group said, “CIMB is pleased to play a leading role in advancing Malaysia’s evolution towards a modern, resilient financial market infrastructure. In line with our purpose of advancing customers and society and our Forward30 strategic plan, we are strengthening our digital and tokenisation capabilities to address real opportunities and democratise market access across the banking and financial ecosystem.”