MyEG to bank on its growing blockchain business


PETALING JAYA: MyEG Services Bhd’s revenue from its blockchain business is set to grow and compensate for the fall in its transportation revenue.

CGS International (CGSI) Research expects the technology company’s blockchain revenue to rise to RM143mil or 18% of total revenue in financial year 2024 (FY24) from 12% or RM90mil in FY23, which was mainly from the sales of its Zentrix token sales.

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