The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has announced a US 40 million (RM155.6 million) equity investment in Zetrix AI Berhad, marking a major milestone in enhancing digital public infrastructure and artificial intelligence-enabled services across Malaysia and the broader ASEAN region.
The strategic capital injection is designed to accelerate the development and rollout of blockchain-based Digital Public Infrastructure (DPI) applications and AI-enabled products that promote digital inclusion, secure access to services, and economic efficiency for citizens, businesses and government agencies in emerging markets.
Supporting ASEAN’s Digital Transformation Agenda
Under the agreement, Zetrix AI will integrate new technologies with Malaysia’s national digital ecosystem — including MyDigital ID, the country’s digital identity platform, and the Malaysia Blockchain Infrastructure (MBI) network — to enhance verification, service delivery, digital trade facilitation and tokenization of real-world assets.
The investment will also support Zetrix AI’s expansion into emerging ASEAN markets, enabling broader deployment of scalable DPI solutions tailored to regional needs.
“This investment reflects IFC’s commitment to advancing Malaysia’s digital transformation agenda and strengthening inclusive, resilient digital ecosystems that improve public service delivery and economic competitiveness,” said Judith Green, World Bank Group Country Manager for Malaysia.
Driving Digital Inclusion and Economic Efficiency
Zetrix AI’s DPI solutions are designed to enable:
- Secure digital identity verification for citizens and institutions
- Digitised customs clearance and international trade processes
- Tokenization of assets and new digital finance frameworks
- AI-enhanced services that drive socio-economic integration across ASEAN
“From digital IDs to digitised customs clearance processing to large language models and stablecoins, the real-world cross-border use cases in blockchain and AI that we are deploying are aimed at catalysing disruptive transformation across ASEAN and enabling deeper socio-economic integration in the region,” said TS Wong, Group Managing Director of Zetrix AI.
The participation and market access afforded by IFC’s investment will accelerate Zetrix AI’s global expansion plans, reinforcing its position as a front-runner in digital infrastructure and next-generation technology platforms.
Strategic Implications for ASEAN
- Strengthening ASEAN DPI: The investment supports ASEAN’s broader digital economy ambitions by fostering interoperable systems that lower barriers to service access and participation.
- Boosting Innovation and Inclusion: AI and blockchain-enabled solutions will help bridge digital divides and create more inclusive opportunities for underserved communities.
- Enhancing Economic Competitiveness: By enhancing efficiency in both public and private sectors, Zetrix AI’s technologies will contribute to improved competitiveness and resilience across ASEAN economies.
- Attracting Global Capital Flows: IFC’s participation signals strong international confidence in ASEAN’s digital ecosystem growth potential.
About Zetrix AI Berhad
Zetrix AI Berhad (formerly MY E.G. Services Berhad) is a Malaysia-based pioneer in AI and blockchain technology solutions, powering digital transformation across public and private sectors. Leveraging its Layer-1 Zetrix blockchain platform and convergence of Web3, AI and automation technologies, Zetrix AI supports secure cross-border transactions, digital identity interoperability and AI-driven infrastructure services that connect people, businesses and governments throughout ASEAN.
About IFC
The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector in emerging markets. Operating in more than 100 countries, IFC uses its capital, expertise and influence to create markets and opportunities that help reduce poverty and promote sustainable development.
Quote
“Investments like this allow us to scale innovative digital solutions and support the creation of resilient, secure and interoperable systems that expand access to services and opportunities for both people and businesses in Malaysia and emerging markets in the broader ASEAN region and beyond.”
— Judith Green, World Bank Group Country Manager for Malaysia
