Treasure Global Inc. (NASDAQ: TGL) has formalized a Memorandum of Understanding (MoU) with iSynergy Group Limited (ASX: IS3), setting the stage for a comprehensive partnership aimed at building and commercializing AI-powered cloud infrastructure throughout Southeast Asia. iSynergy, a Malaysia-based technology firm listed on the Australian Securities Exchange, will collaborate with Treasure Global to deploy cutting-edge GPU technology that forms the core of the planned AI cloud ecosystem.
The agreement outlines a shared vision to co-develop high-performance AI infrastructure, beginning in Malaysia with a regional expansion roadmap. Both companies plan to jointly explore procurement and deployment of advanced AI-capable graphics processing units (GPUs), which are essential for scalable AI operations. These GPUs will anchor the infrastructure required to support a wide range of enterprise and governmental use cases.
Building the Foundation for Sovereign AI Platforms
The partnership reflects Treasure Global’s previously declared intent, made public in March 2025, to establish sovereign-grade AI cloud capabilities in Malaysia. This strategic alignment with iSynergy seeks to accelerate that initiative by integrating iSynergy’s blockchain technology into the broader infrastructure. The collaboration will facilitate enterprise onboarding, enhance infrastructure accessibility, and support widespread adoption of AI and blockchain tools across commerce, finance, and public sectors in Southeast Asia.
The joint venture is set to focus on creating robust AI cloud solutions suited to small and medium enterprises (SMEs), large corporations, and government-linked entities. In addition to infrastructure development, the two companies will coordinate go-to-market strategies and pursue technical integration with iSynergy’s existing blockchain platforms.
Executives at Treasure Global highlighted the significance of the MoU as a key step toward positioning the company as a digital transformation leader in the region. They indicated that the collaboration aims to establish next-generation infrastructure powered by advanced GPUs and seamlessly infused with blockchain integration, offering enterprise clients enhanced digital capabilities.
Leveraging iSynergy’s Blockchain Ecosystem
iSynergy’s contribution to the partnership includes the utilization of platforms such as WYDE—a blockchain-based rewards and gig economy system—and Ledgers Lab, a technology advisory unit focused on promoting blockchain adoption and enabling access to innovation grants. These platforms are expected to support the integration of AI infrastructure into practical business environments, making them critical enablers of the joint strategy.
The collaboration is also backed by favorable market conditions. Research from Precedence Research forecasts the global AI cloud infrastructure market to surpass USD 60 billion by 2025, with a compound annual growth rate of 26.6% through 2034. This growth is being propelled by increasing demand for sovereign AI solutions and government-led digital transformation initiatives in regions like Southeast Asia.
Blockchain Synergies to Amplify Reach
Parallel to the AI surge, the blockchain sector is also showing strong growth potential. According to Grand View Research, the Asia-Pacific blockchain market is projected to expand from USD 4.5 billion in 2023 to more than USD 35 billion by 2030. Given iSynergy’s role at the convergence of blockchain, e-commerce, and gig economy platforms, the partnership is positioned to drive AI innovation across multiple verticals simultaneously.
The MoU signifies the initial phase of a broader, long-term alliance between Treasure Global and iSynergy. Future developments and joint ventures stemming from this collaboration are expected to be announced in the coming months, as both firms work toward redefining enterprise infrastructure through a fusion of AI and blockchain technologies.