Kenanga Group Launches Malaysia’s First Tokenised Money Market Funds

Kenanga Group Launches Malaysia’s First Tokenised Money Market Funds | Taiwan News | Feb. 26, 2026 11:40

Feb. 26, 2026 11:40

Kenanga Group launches Malaysia's first tokenised money market funds

KUALA LUMPUR: Kenanga Investment Bank Bhd (Kenanga IB) and US-based non-profit Stellar Development Foundation have introduced Myrra, a dedicated token platform that leverages the Stellar blockchain to enable the tokenisation of real world-assets.

Kenanga Group Launches Malaysia’s First Tokenised Money Market Funds

The launch marks a significant step in expanding Malaysian retail investor participation in financial products through blockchain technology

Kenanga Group Launches Malaysia’s First Tokenised Money Market Funds on Stellar Network

Kenanga Investment Bank Berhad (“Kenanga Group”), Malaysia’s leading independent investment bank and the Stellar Development Foundation (“Stellar”), a US-based non-profit organisation that supports the Stellar network, today introduced Myrra, a dedicated token platform that leverages the Stellar blockchain to enable the tokenisation of real world-assets. The inaugural deployment on the Myrra platform is the tokenisation of the Kenanga Money Mark…

Kenanga and Stellar Launch Malaysia’s First Tokenized MMFs

Kenanga Investment Bank Bhd, operating as Kenanga Group, has entered a strategic partnership with Stellar Development Foundation to introduce Malaysia’s first tokenized money market funds. The collaboration marks a significant step in applying blockchain infrastructure to regulated investment products within the Malaysian capital market. The initiative reflects a broader push by financial institutions to modernize fund distribution while maintai…

Kenanga Introduces Malaysia’s First Tokenised Money Market Funds

Kenanga Investment Bank has introduced what it describes as Malaysia’s first tokenised unit trust money market funds to go live in the local market. The move expands retail access to blockchain-based investment products. The launch, unveiled at Blockchain Summit 2026 during Japan Fintech Week, saw Kenanga Group roll out Myrra, a token platform built on the Stellar blockchain. The platform enables the tokenisation of real-world assets, starting w…