International Finance Corporation Invests in Zetrix AI Berhad to Expand Access to Digital Public Infrastructure Services
Kuala Lumpur, Malaysia, (ANTARA/PRNewswire)- To enhance access to Digital Public Infrastructure (DPI) services in Malaysia, as well as in emerging markets in ASEAN and other regions, the World Bank Group, through the International Finance Corporation (IFC), announced an equity investment in Zetrix AI Berhad (Zetrix AI). The IFC investment of RM155.6 million (approximately USD 40 million) will support the development and rollout of DPI blockchain-based applications, and AI products. The initiative aims to increase digital inclusion, expand access to services, and boost economic efficiency in Malaysia and the ASEAN region. In Malaysia, these new services will be integrated with the national digital ecosystem through MyDigital ID, the national digital identity system, as well as Malaysia Blockchain Infrastructure (MBI), the national blockchain services network. The DPI applications and products developed by Zetrix AI will make various services more efficient, secure, and cost-effective. These services include digital identity verification, digitalisation of international trade, and tokenisation of real-world assets. The investment will also support Zetrix AI’s DPI service expansion into ASEAN emerging markets and other global regions. “This investment reflects IFC’s commitment to supporting Malaysia’s digital transformation agenda, in line with the 13th Malaysia Plan (2026–2030),” said Judith Green, Country Manager, World Bank Group for Malaysia. “Developing digital public infrastructure is crucial to improving the quality of public services, strengthening economic competitiveness, and ensuring inclusive and sustainable growth. The investment will help us scale innovative digital solutions and build a robust, secure, and interconnected system to broaden access to services and opportunities for communities and businesses in Malaysia as well as ASEAN emerging markets and beyond.” TS Wong, Group Managing Director, Zetrix AI, said, “From digital identity, digitised customs processes, large language models, to stablecoins, cross-border blockchain and AI deployment will drive transformation in ASEAN and strengthen regional socio-economic integration. With IFC’s support and market access, we will accelerate our global expansion plans.” About IFC IFC — part of the World Bank Group — is the largest global development institution focused on the private sector in developing markets. IFC operates in more than 100 countries, mobilising capital, expertise and convening power to create markets and opportunities in developing countries. In fiscal year 2025, IFC recorded commitments of USD 71.7 billion in private sector and financial institutions in developing countries. Through this investment, IFC mobilises private capital and supports private sector solutions to achieve a world free of poverty and sustainable development. For more information: www.ifc.org. About Zetrix AI Berhad Zetrix AI Berhad (“Zetrix AI”), formerly MY E.G. Services Berhad, leads the use of blockchain technology and artificial intelligence in the public and private sectors across ASEAN. Based in Malaysia, Zetrix AI began operating in 2000 as a pioneer of electronic government services and supporting commercial services in a broad region. Zetrix AI relies on the Zetrix Layer-1 blockchain platform, and supports convergence of Web3, AI, and robotics to enable cross-border transactions that are highly efficient, intelligent, and secure. Zetrix AI also facilitates interoperability of digital identities and automation solutions that connect individuals, companies and governments.
SOURCE Zetrix