CIMB Group Holdings group CEO Novan Amirudin
KUALA LUMPUR: CIMB Group Holdings Bhd
says it is committed 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.
It said in a statement the various initiatives will be rolled out in phases through the Securities Commission's industry pilot programme on securities tokenisation.
CIMB will also engage Bank Negara to seek admission into the Digital Asset Innovation Hub.
Novan Amirudin, group CEO 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.”
As a key near-term milestone, CIMB has committed to Khazanah Nasional Bhd’s and the SC’s tokenised sukuk issuance pilot project, supporting the programme across multiple workstreams covering structuring, execution through to custody arrangements and full lifecycle servicing.
The pilot workstreams are expected to progress through 2026 with phased capability build-out aligned to regulatory and operational readiness.
