Last mentioned: Feb 26, 2026
Market Expansion
Expected period for potential expansion into additional tokenized asset classes.
Official Launch
Kenanga Group announces Malaysia's first tokenized money market funds.
Infrastructure Confirmation
Stellar Network confirmed as the underlying blockchain for the funds.
Kenanga Group has launched Malaysia's first tokenized money market funds, utilizing the Stellar blockchain to enhance liquidity and accessibility. This move marks a significant milestone in the integration of traditional finance and digital asset technology within the Southeast Asian market.
Kenanga Group has launched Malaysia’s inaugural tokenized money market funds, utilizing the Stellar Network to modernize asset management. This milestone marks a significant shift toward Real World Asset (RWA) tokenization in Southeast Asia, promising enhanced liquidity and near-instant settlement for investors.