Tokenization Utilizing Hedera Could Be Coming to the Central Bank of Malaysia AllinCrypto December 30, 2025
Asset tokenization is becoming more of a talking point within Malaysia’s financial sector alongside traditional finanical players in the US.
The Central Bank of Malaysia’s October paper on “Asset Tokenisation in the Malaysian Financial Sector” has drawn attention to networks helping facilitate real-world assets in the region.
Jasim Puthucheary of TrustChain Labs recently highlighted how Hedera Hashgraph is enabling real-world asset tokenization via a platform led by TrustChain Labs.
Tokenization to Support Institutions, Not Disrupt Them
In a LinkedIn post, Jasim Puthucheary said the focus is now on how tokenization can improve capital efficiency, unlock new liquidity, and enable new financing structures, provided platforms and networks are used responsibly and in alignment with regulatory rules.
Instead of simply bringing real assets onto a distributed ledger like Hedera, research in Malaysia has shifted towards re-engineering financial infrastructures for a new type of tokenized future.
According to Puthucheary, tokenization has the potential to shorten settlement cycles, reduce operational costs, improve transparency, and introduce new programmable financial applications.
Such use cases would be suitable in Malaysia’s current financial ecosystem, with recent discussions with senior management persons at Bank Pembangunan Malaysia Berhad highlighting various approaches to tokenization.
Emphasis had been given to how tokenized assets could support SME financing and manage capital more efficiently, diverting capital into priority sectors like infrastructure and development finance, which would boost regional projects.
From the Central Bank of Malaysia:
In recent years, asset tokenisation has emerged as a potential key enabler of
innovation in the financial sector. By enabling the digital representation of claims or
assets on programmable platforms, it creates new opportunities to enhance
efficiency, drive product innovation and expand market access.
Puthucheary desires tokenization to complement and serve existing financial institutions, helping them become more efficient instead of trying to displace them.
Why Hedera Hashgraph Fits Malaysia’s Vision
BPMB is a development bank in Malaysia that aims to utilize tokenization and distributed ledger technologies.
The bank’s research paper titled Asset Tokenisation in the Malaysian Financial Sector was published in October 2025, outlining the potential of asset tokenization and how it could benefit the banking system.
Puthucheary of TrustChain Labs believes Malaysia has an opportunity to take advantage of asset tokenization before other competitors in the region.
The post Tokenization Utilizing Hedera Could Be Coming to the Central Bank of Malaysia first appeared on AllinCrypto.
