Hashtag
Men's Weekly


From left: Betty Sun-Lucas, Regional Director, APAC, Stellar Development Foundation; Jose Fernandez da Ponte, President, Chief Growth Officer, Stellar Development Foundation; Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer, Kenanga Investors Berhad; Ranjit Gill, Director, Head of Product & Market Development, Kenanga Investors Berhad
From left: Betty Sun-Lucas, Regional Director, APAC, Stellar Development Foundation; Jose Fernandez da Ponte, President, Chief Growth Officer, Stellar Development Foundation; Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad; Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer, Kenanga Investors Berhad; Ranjit Gill, Director, Head of Product & Market Development, Kenanga Investors Berhad

The inaugural deployment on the Myrra platform is the tokenisation of the Kenanga Money Market Fund ("KMMF") and the Kenanga Islamic Money Market Fund ("KIMMF") (collectively, the "Funds") managed by Kenanga Investors Berhad ("Kenanga Investors"). The Funds represent the first tokenised unit trust funds to go live within the Malaysian market.

Through this initiative, investors can now transact blockchain-based digital representations of the Funds' units through Myrra. Tokens are issued on a 1:1 basis, with each token representing a unit of either fund. This ensures the digital tokens function exactly like traditional fund units, while prioritising regulatory compliance, legal parity with existing unit holders, and operational integrity.

The reveal took place at the Blockchain Summit 2026, co-organised by Credit Saison and Pacific Meta as part of Japan Fintech Week.

By tokenising its Malaysian Ringgit money market funds using trusted Stellar blockchain infrastructure, Kenanga Group is bringing its money market products directly to a broader segment of Malaysian investors, enabling the purchase or selling of tokens directly on Myrra's web portal.

"The launch of Malaysia's first tokenised money market funds on the new Myrra platform represents a major step forward in our Group-wide commitment to driving digital innovation across the Malaysian capital markets," said Datuk Chay Wai Leong, Group Managing Director of Kenanga Group. "By deploying on the Stellar network, we are able to contribute to the development of a digital public infrastructure that aligns with Malaysia's vision of becoming a regional centre for blockchain-enabled finance."

"The implementation of tokenisation is a strategic initiative to evolve our existing distribution and operational processes and capabilities through the operational efficiencies offered by Distributed Ledge Technology," said Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer and Executive Director of Kenanga Investors. "We believe this will work towards driving investor participation without compromising regulatory standards and transparency."

Operating for more than a decade, Stellar is one of the earliest blockchains designed specifically to support payments, asset issuance, and financial products in a compliance-forward and transparent manner. It hosts Franklin Templeton's Benji token, a tokenised U.S. Treasury money market fund primarily used by institutional users for on-chain settlement and peer-to-peer transfers. Stellar also powers MoneyGram's large-scale cash-to-crypto on/off-ramp across 170 countries using USDC and supports the United Nations High Commissioner for Refugees ("UNHCR") in distributing USDC-based aid that refugees can redeem even without bank accounts.

"Tokenisation drives real-world utility and access when it is built on infrastructure that institutions and regulators trust," said Jose Fernandez da Ponte, President and Chief Growth Officer at the Stellar Development Foundation. "Stellar was designed from the outset to support regulated financial products, increase access and provide the rails for enterprise-grade assets to move securely. This deployment by Kenanga Group is a prime example of how digital public infrastructure is scaling on Stellar making financial services more accessible, efficient, and inclusive for everyone across the globe."

Myrra represents a milestone in addressing a tokenised asset opportunity in Malaysia, estimated at US$43 billion by 2030. It builds upon recent efforts by the Securities Commission Malaysia to advance tokenised capital market products within a framework that balances innovation with investor protection. By applying blockchain and Distributed Ledger Technology to familiar financial products, Kenanga Group is taking a pragmatic approach to financial innovation and inclusion while positioning Malaysian investors for a global transition toward faster settlement and enhanced transparency.

The KMMF aims to provide investors with a regular income stream while maintaining capital stability by investing entirely in money market instruments, debentures, and deposits. Meanwhile, the KIMMF offers similar benefits aligned with Shariah principle. Both Funds cater to investors who want stable, short-term returns with minimal volatility.

For more information about Myrra, please visit myrra.my.Hashtag: #KenangaGroup #Myrra #Tokenisation#BlockchainFinance #FinTech

The issuer is solely responsible for the content of this announcement.

Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for over 50 years, Kenanga Investment Bank Berhad ("Kenanga" or "The Group") is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group's digital innovations include the launch of KDi GO, a wealth-centric app, along with Kenanga Digital Investing, an A.I. robo-advisor, and game-changing products such as Rakuten Trade, Malaysia's first fully digital stockbroking platform developed through a joint venture with Japan's Rakuten Securities, Inc. This digital expansion also extends to the digital assets space through the Group's investment in Kinetic DAX Sdn Bhd (formerly known as Tokenize Technology (M) Sdn Bhd).

Kenanga has garnered multiple industry accolades, including top honours at the Bursa Excellence Awards, Asia Asset Management's Best of the Best Awards, and The Morningstar Awards, recognition for its sustainability leadership at The Edge Malaysia ESG Awards and the Euromoney Awards for Excellence, and further acknowledgements for its corporate governance and sustainability excellence at the National Corporate Governance and Sustainability Awards. As one of the highest scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, the Group continues to drive collaboration, innovation, and sustainability in the financial industry.


Disclaimer: The Replacement Master Prospectus (including all supplemental and ancillary documents thereto) and the Product Highlight Sheet ("PHS"), have been registered and/or lodged with the Securities Commission Malaysia ("SC"), who takes no responsibility for its contents and related advertisement or marketing materials, does not indicate that the SC has recommended or endorsed the product/service. The material has not been reviewed by the SC. Investors have the right to request for a copy of the RMP, PHS and other relevant product disclosure documents which are available at our office, at any authorised distributors and our corporate website before making investment decisions. If you are in doubt when considering the investment or any of the information provided, you are advised to consult a professional adviser. A Fund's track record does not guarantee its future performance. Kenanga Investors Berhad is committed to prevent conflict of interest between its various businesses and activities and between its clients/director/shareholders and employees by having in place procedures and measures for identifying and properly managing any apparent, potential and perceived conflict of interest by making disclosures to Clients, where appropriate. Kenanga Investors Berhad 199501024358 (353563-P).



Why Property Advisory Services Are Essential for Smart Real Estate Investments

Real estate is one of the most popular investment choices for individuals seeking long-term financial growth. However, successful ...

The Role of IT Consultants in Building a Resilient, Scalable Technology Environment

Building a technology environment that can adapt to ongoing change is a priority for organisations across Australia. This articl...

The Best Solutions for Hooded Eyes: From Cosmetic to Surgical Options

Hooded eyes are a common facial feature that can influence both appearance and function. Some individuals are born with hooded e...

Why Small Caravans for Sale Are Ideal for Weekend Camping Trips

Weekend getaways are often about simplicity. A short drive, a relaxed campsite and a comfortable place to sleep can be all that ...

How Expert Guidance from a Real Estate Team Helps Buyers and Sellers

Navigating the property market can be complex, competitive and emotionally demanding. Whether purchasing your first home, upgrad...

How Grooming Improves Your Dog’s Comfort and Well-Being

Regular grooming is far more than a cosmetic routine. It plays a vital role in maintaining your dog’s comfort, health and overal...

IN THE NEWS

How to Travel Solo and Discover Australia Like a Local

Australia has friendly locals and is a great travelling destination for students, gap-year travellers.

Practical Tips to Enhance Your Australian Home's Energy Rating

An energy rating may sound like a simple term, but its implications are far-reaching, especially for .

Search Funds: The New Investment Concept for Entrepreneurs Hitting Aussie Shores

There’s a new investment concept emerging in Australia offering opportunities for talented entreprene.

Oi Wah recorded net profit of 86.4 million with improved net interest margin in FY2024

Proposed final dividend of HK$0.76 cents per share HONG KONG SAR - Media OutReach Newswire - 28 May 2024.

SHARP Launches AQUOS R9 pro, Redefining Mobile Photography with Pro-Grade Imaging Capabilities

Professional-Quality Camera System and Advanced Features Redefine the Mobile Photography Experience, arri.

Gaw Capital Appoints Nicholas Toh as Managing Director – Head of Data Centre Platform, Asia (Ex-Chin…

SINGAPORE - Media OutReach Newswire – 1 July 2025 – Gaw Capital Partners, a leading multi-asset investm.

Health & Wellness

Experience ultimate comfort: the health benefits of an adjustable bed and mattress

Hashtag.net.au - avatar Hashtag.net.au

Imagine waking up each morning feeling truly refreshed, without the usual aches and stiffness. For many, a traditional flat bed can fall short in providing the tailored support needed for optimal rest...

Why NDIS Cleaning Services Boost Health, Safety & Independence

Hashtag.net.au - avatar Hashtag.net.au

For many Australians living with a disability, maintaining a clean and safe home can be challenging. Everyday cleaning tasks-like vacuuming, mopping, sanitising kitchens, or bathrooms-may pose physica...

Why Choosing a GP Bundoora Is Key to Consistent and Preventive Healthcare

Hashtag.net.au - avatar Hashtag.net.au

Access to dependable primary healthcare is essential for maintaining long-term wellbeing. Choosing a trusted GP Bundoora allows individuals and families to receive ongoing medical support close to h...