Bank Negara Malaysia launched the Scripless Securities Depository System (SSDS+) on October 20, 2026, using cloud and distributed ledger technologies to support the issuance, depository, and safekeeping of tokenized bonds and Islamic sukuk

Tokenization

Traditional assets like treasuries, funds, stocks and real estate brought onto blockchains as tradable tokens.

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Tokenized securities

Moving stocks, bonds, and other securities onto blockchains as tokenized assets, and the debates over investor protection, trading hours, and settlement.

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