Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Legend Robot Unveils How Its Mobile Continuous Spraying Technology Accelerates Vision 2030 Gigaprojects at Big 5 Saudi

    August 25, 2026

    Dewan Announces Two Strategic Managing Director Appointments as Firm Evolves Leadership Structure to Support Continued Growth

    August 25, 2026

    LG ELECTRONICS BRINGS HIGH-EFFICIENCY LIVING TO MORE CONSUMERS AT IFA 2026

    August 25, 2026
    Facebook X (Twitter) Instagram
    Syria News FlashSyria News Flash
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Syria News FlashSyria News Flash
    Home » The Regent of Johor Launches Ringgit-Backed Stablecoin and Digital Asset Treasury on Zetrix
    Uncategorized

    The Regent of Johor Launches Ringgit-Backed Stablecoin and Digital Asset Treasury on Zetrix

    December 9, 2025
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    RMJDT Introduced as Part of National Digital Asset Sandbox Initiative

    JOHOR BAHRU, Malaysia, Dec. 9, 2025 /PRNewswire/ — Bullish Aim Sdn. Bhd., chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, today announced the official launch of RMJDT, a Ringgit-backed stablecoin issued on Zetrix, the core Layer-1 blockchain underpinning Malaysia’s national Malaysia Blockchain Infrastructure (MBI).

    EN: (Right) TS Wong, Co-founder of Zetrix and (Left) Dato’ Lion Peh, Managing Director of Bullish Aim Sdn Bhd, exchanging the agreement, witnessed by (Middle) His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor.

    Launched under a regulated sandbox framework, RMJDT is designed to strengthen the international use of the Malaysian Ringgit in cross-border trade settlements and to act as a catalyst for attracting increased foreign direct investment (FDI) into Malaysia. The initiative aligns with global tokenisation trends and directly supports Malaysia’s Digital Asset National Policy.

    In conjunction with the RMJDT rollout, Bullish Aim will also establish a Digital Asset Treasury Company (DATCO) with an initial treasury allocation of RM500 million in Zetrix tokens, with plans to increase to RM1 billion. Modelled after global precedents such as MicroStrategy and Bitmine Immersion, this treasury will play a pivotal role in ensuring stable network gas fees for RMJDT transactions.

    DATCO will additionally stake Zetrix tokens to support up to 10% of the validator nodes within the Malaysia Blockchain Infrastructure, reinforcing long-term national Web3 resilience while enhancing the security and efficiency of the blockchain ecosystem.

    “As the issuer of RMJDT, we view the establishment of a Zetrix-token treasury as a strategic necessity – both to support operational stability and to deepen alignment with the national blockchain,” said His Royal Highness the Regent of Johor.

    These dual initiatives reflect Johor’s commitment to advancing digital innovation at the intersection of blockchain technology, trade infrastructure, and national economic development, while operating within Malaysia’s approved sandbox environment to ensure compliance, transparency, and national oversight.

    About Zetrix

    Zetrix is a layer-1 public blockchain that facilitates smart contracts and delivers privacy, security and scalability. Zetrix’s cryptographic infrastructure can be introduced to multiple industries to connect governments, businesses and their citizens to a global blockchain-based economy. Developed by Zetrix AI Berhad, formerly known as MY E.G. Services Bhd, the cross-border and cross-chain integration with China enables Zetrix to serve as a blockchain gateway that facilitates global trade by deploying critical building blocks for Web3 services such as Blockchain-based Identifiers (BID) and Verifiable Credentials (VC).

    Photo – https://mma.prnewswire.com/media/2841512/IMG_0206.jpg
    Logo – https://mma.prnewswire.com/media/2163610/ZETRIX_Hires_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/the-regent-of-johor-launches-ringgit-backed-stablecoin-and-digital-asset-treasury-on-zetrix-302636432.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    Related Posts

    Legend Robot Unveils How Its Mobile Continuous Spraying Technology Accelerates Vision 2030 Gigaprojects at Big 5 Saudi

    August 25, 2026

    Dewan Announces Two Strategic Managing Director Appointments as Firm Evolves Leadership Structure to Support Continued Growth

    August 25, 2026

    LG ELECTRONICS BRINGS HIGH-EFFICIENCY LIVING TO MORE CONSUMERS AT IFA 2026

    August 25, 2026

    AN OPEN LETTER FROM ROBERT STRYK TO PRESIDENT VLADIMIR PUTIN

    August 24, 2026
    Latest News

    South Korea starts first Arctic container ship trial

    August 24, 2026

    Alibaba raises HK$80 billion for AI and cloud growth

    August 24, 2026

    Gulf nations deport nearly 22,000 Pakistanis in four months

    August 22, 2026

    Australian team finds new way to tackle triple-negative breast cancer

    August 22, 2026

    Japan trade reaches records with imports leading exports

    August 21, 2026

    DR Congo secures 70,000 doses for Ebola outbreak

    August 21, 2026

    Wall Street rebounds on lower yields and healthcare surge

    August 20, 2026
    © 2026 Syria News Flash | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.