CoKeeps Sdn Bhd, a blockchain infrastructure firm based in Malaysia, has entered into a strategic agreement with Maybank Trustees Berhad, a fully owned subsidiary of Malayan Banking Berhad, to explore and implement blockchain-based custodial and asset management solutions. The memorandum of understanding (MOU), recently formalized by both parties, aligns with the Malaysian government’s broader digital transformation agenda.
This collaboration is set against the backdrop of the Malaysia Digital Economy Blueprint, a national initiative that positions blockchain technology as a pivotal enabler of economic competitiveness, financial inclusion, and public service transparency. Both CoKeeps and Maybank Trustees are reportedly committed to advancing these national priorities by leveraging blockchain capabilities to improve governance standards and stimulate digital innovation across sectors.
The initiative reflects a shared objective to promote blockchain-driven asset management solutions tailored to both national objectives and evolving market needs. The agreement underscores a broader vision of how digital ledger technology can serve as a foundation for modernizing financial systems, enhancing operational efficiency, and creating new avenues for value generation across traditional and digital asset domains.
CoKeeps has highlighted that its blockchain infrastructure is specifically designed to address the requirements of decentralized, scalable, and interoperable financial ecosystems. The company’s focus includes serving underbanked communities and contributing to inclusive economic growth. Additionally, CoKeeps’ technological offerings are expected to play a role in attracting foreign investment and boosting digital transformation within capital markets and government operations.
Maybank Trustees Berhad, a prominent provider of trust and estate administration services, sees this partnership as a step toward strengthening its digital asset management offerings. The institution is looking to improve transparency and client trust by incorporating blockchain into its service model, thereby enhancing operational security and maintaining a client-centric approach to innovation. The integration of CoKeeps’ custodial and blockchain infrastructure is expected to enable a seamless transition into a regulated digital environment for asset management.
Executives from both organizations expressed confidence in the potential of this collaboration to redefine the asset management landscape. The leadership at CoKeeps emphasized that Malaysia’s push toward digital transformation offers a fertile environment for deploying innovative technologies. They pointed out that the joint initiative with Maybank Trustees could unlock new efficiencies and transparency in asset management and transfer mechanisms. They also indicated that their infrastructure is built to accommodate the national agenda of becoming a digitally resilient economy, with scalability and security as foundational pillars.
Maybank Trustees, on its part, acknowledged the rapidly evolving landscape of investment and wealth management. Its leadership noted the importance of adapting to these shifts through strategic alliances, and suggested that this partnership enables the firm to deliver integrated services that address both traditional and digital asset protection. By combining deep-rooted trustee experience with emerging custodial technology, the organization believes it can offer a comprehensive ecosystem that is secure, regulated, and future-ready.
CoKeeps, registered as Malaysia’s first Digital Asset Custodian with the Securities Commission Malaysia, operates at the intersection of crypto assets and regulated financial markets. Its suite of services includes institutional-grade asset custody, blockchain infrastructure, wallet solutions, and smart contract deployments for financial institutions, enterprises, and high-net-worth clients.
This collaboration between CoKeeps and Maybank Trustees marks a significant move toward a more digitally enabled and secure financial ecosystem in Malaysia. It signals a shift in the local asset management industry toward embracing decentralized technologies while remaining firmly grounded within a regulated framework.
