TMJ launches ringgit-backed blockchain stablecoin RMJDT

TheStar Tue, Dec 09, 2025 06:26pm - 2 months View Original


From left: Bullish Aim Sdn Bhd managing director Datuk Lion Peh, Johor Regent Tunku Ismail Sultan Ibrahim and Zetrix AI Bhd co-founder TS Wong.

JOHOR BARU: Bullish Aim Sdn Bhd, chaired and owned by Johor Regent Tunku Ismail Sultan Ibrahim, has launched RMJDT, a ringgit-backed stablecoin issued on Zetrix, the core Layer-1 blockchain underpinning Malaysia’s national Malaysia Blockchain Infrastructure.

Launched under a regulated sandbox framework, Zetrix AI Bhd said in a Bursa Malaysia filing that the RMJDT is designed to strengthen the international use of the ringgit in cross-border trade settlements and to act as a catalyst for attracting increased foreign direct investment (FDI) into Malaysia.

“The initiative aligns with global tokenisation trends and directly supports Malaysia’s Digital Asset National Policy.”

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