According to V Systems Malaysia, on May 4 Malaysia launched its first tokenized sukuk pilot program with a RM100 million issuance under Khazanah Nasional’s Sukuk Danum Programme. The initiative, overseen by Securities Commission Malaysia, utilized the Aeris Chain private blockchain to digitize the sukuk’s underlying assets and streamline issuance, settlement, and post-issuance servicing. Maybank served as Joint Lead Manager, Custodian, and Primary Subscriber, while CIMB acted as Sole Principal Adviser and Lead Arranger, underscoring the collaborative effort in this regulated financial innovation.
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