CoKeeps Sdn Bhd, a blockchain infrastructure company based in Malaysia, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) to explore and implement blockchain-based custodial and asset management solutions that support Malaysia’s national digital transformation goals. The MOU reflects both parties' commitment to backing the Malaysian government’s Digital Economy Blueprint, which highlights blockchain as a key enabler for enhancing economic competitiveness, boosting financial inclusion, improving transparency in public services, and driving digital innovation across vital sectors, CoKeeps stated in a Wednesday announcement. Through this partnership, CoKeeps and Maybank Trustees Berhad intend to collaboratively develop and promote blockchain-powered asset management solutions that align with national objectives and industry demands. This alliance demonstrates a strong conviction in the transformative power of digital ledger technology to foster innovation, improve governance standards, and create new avenues for value generation in both financial and non-financial fields. CoKeeps’ blockchain infrastructure is closely aligned with national priorities, delivering decentralized solutions that are robust, scalable, and interoperable—qualities essential for empowering underserved populations and promoting wider financial inclusion. These technologies are designed to attract foreign investments, improve governance across public and private sectors, and stimulate digital innovation within capital markets. Maybank Trustees Berhad, as a prominent provider of trustee services for individuals and businesses, recognizes the opportunity to enhance its offerings by integrating digital asset management solutions that emphasize transparency, security, and client-focused innovation. The signing of this MOU marks a significant milestone in advancing a digitally empowered and thriving economy. “Malaysia’s dedication to digital transformation creates an ideal environment for innovation, ” said Suhanna Husein, Chief Executive Officer of CoKeeps. “Partnering with Maybank Trustees Berhad allows us to open new pathways for trust, transparency, and efficiency, particularly in asset management and transfer, ” she added. “Our blockchain infrastructure is built around scalability, interoperability, and security, and we are excited to contribute to the nation’s progress toward becoming digitally resilient, ” she noted. Nor Fazlina Mohd Ghouse, CEO of Maybank Trustees Berhad, emphasized that by recognizing shifts in investment and wealth management, the firm proactively adapts to the changing financial landscape through strategic collaborations to offer innovative solutions to clients. “Combining our extensive experience in estate administration and trust services with CoKeeps’ advanced digital asset custodial capabilities enables us to create a comprehensive ecosystem that empowers clients and ensures their assets—both traditional and digital—are protected within a secure and regulated platform, ” she explained. CoKeeps is Malaysia’s first Digital Asset Custodian, registered with the Securities Commission Malaysia, aiming to bridge the divide between the cryptocurrency space and the regulated market. Its services include institutional-grade digital asset management solutions and blockchain infrastructure provision, such as regulated third-party custodial services, wallet solutions, and smart contracts for financial institutions, businesses, and high-net-worth clients.