KUALA LUMPUR: Zetrix AI Bhd announced that the World Bank Group via its private sector arm, International Finance Corporation (IFC), has invested RM155.6 million in the company to enhance access to digital public infrastructure services in Malaysia and emerging markets across the broader ASEAN region and beyond.
Zetrix AI said in a Bursa Malaysia filing on Wednesday that the new services would integrate with Malaysia’s digital ecosystem through MyDigital ID, the country’s digital identity system, and the Malaysia Blockchain Infrastructure (MBI), the country’s national blockchain service network.
World Bank Group’s Country Manager for Malaysia, Judith Green, said the investment reflects IFC’s commitment to advancing Malaysia’s digital transformation agenda, in line with the 13th Malaysia Plan, 2026-2030.
“The development of digital public infrastructure services is essential to improving public service delivery, strengthening economic competitiveness, and ensuring that growth is inclusive and sustainable,” she said.
Meanwhile, Zetrix AI’s Group Managing Director, TS Wong, said that from digital identity documents to digitised customs clearance processing to large language models and stablecoins, the real-world cross-border use cases in blockchain and artificial intelligence deployed are aimed at catalysing disruptive transformation across ASEAN and enabling deeper socio-economic integration in the region.
“With the participation and market access from IFC, we will accelerate our global expansion plans,” he said. – BERNAMA
