CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions.

The MOU represents a shared interest by both parties to support and advance the government of Malaysia’s Digital Economy Blueprint, which identifies blockchain as a critical enabler in enhancing economic competitiveness, increasing financial inclusion, improving transparency in public services, and fostering digital innovation across key sectors, CoKeeps said in a statement on Wednesday.

Through this collaboration, CoKeeps and Maybank Trustees Berhad aim to jointly develop and promote blockchain-driven solutions as part of asset management, aligned with national goals and industry needs.

The partnership reflects a strong belief in the transformative potential of digital ledger technologies to drive innovation, elevate governance standards, and enable new forms of value creation in both financial and non-financial sectors.

CoKeeps’ blockchain infrastructure aligns seamlessly with national priorities, offering decentralised solutions that are robust, scalable, and interoperable—capabilities that are critical for empowering underserved communities and fostering broader financial inclusion.

These technologies are designed to attract foreign investment, enhance governance across public and private sectors, and catalyse digital innovation in capital markets.

Meanwhile, Maybank Trustees Berhad, as a key player providing comprehensive suite of trustee services for both individuals and businesses, recognizes the opportunity to enhance its services by integrating digital asset management solutions that prioritize transparency, security, and client-centric innovation.

The signing of this MOU signifies a pivotal step in contributing to a thriving digitally empowered economy.

“Malaysia’s commitment to digital transformation provides fertile ground for innovation,

“By working with Maybank Trustees Berhad, we can unlock new avenues for trust, transparency, and efficiency—especially in how assets are managed and transferred,” said Suhanna Husein, Chief Executive Officer of CoKeeps.

“Our blockchain infrastructure is built with scalability, interoperability, and security at its core, and we’re excited to support the country’s progress toward becoming a digitally resilient nation,” she added.

Nor Fazlina Mohd Ghouse, CEO of Maybank Trustees Berhad said recognizing the shift in investment and wealth management strategies, the firm proactively adapts to the evolving financial landscape through strategic collaborations like this to enable innovative solutions for its clients.

“By merging our deep-rooted expertise in estate administration and trust services with CoKeeps’ cutting-edge digital asset custodial capabilities, we enable a holistic ecosystem that empowers our clients and ensures that their assets – both traditional and digital – are safeguarded in a secure and regulated platform,” she added.

CoKeeps is Malaysia’s first Digital Asset Custodian, registered with the Securities Commission Malaysia.

The firm aims to bridge the gap between the crypto space and the regulated market.

Among the services offered are institutional-grade digital asset management solutions and providing blockchain infrastructure, including regulated third-party custodial services, wallet solutions, and smart contracts for financial institutions, businesses and high-net-worth clients.

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