Blockchain solutions drive MyEG’s earnings

Maybank IB Research said MyEG’s strong results in 3Q23 were driven by the sales of its flagship Zetrix token.

PETALING JAYA: MyEG Services Bhd’s earnings momentum will be driven by its decentralised finance (DeFi) segment that is projected to deliver an even stronger performance in the fourth quarter of 2023 (4Q23).

Maybank Investment Bank Research (Maybank IB Research) said MyEG’s strong results in 3Q23 were driven by the sales of its flagship Zetrix token, which continued to drive growth in the group’s blockchain-solutions segment.