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World Bank’s IFC Invests $40 Million in Zetrix AI to Boost Blockchain

Last updated on March 5th, 2026 at 07:16 pm

The International Finance Corporation, the private sector arm of the World Bank Group, has announced a $40 million equity investment in Zetrix AI Berhad to advance Digital Public Infrastructure services in Malaysia and across the ASEAN region. 

IFC investment targets digital public infrastructure expansion

The investment, equivalent to RM155.6 million, will support blockchain-based applications and AI-enabled products designed to improve digital inclusion, service delivery, and economic efficiency.

Zetrix AI plans to integrate its solutions with Malaysia’s MyDigital ID and the Malaysia Blockchain Infrastructure, ensuring interoperability with national digital systems. The initiative aligns with Malaysia’s Thirteenth Malaysia Plan, 2026–2030, which emphasizes digital transformation and inclusive economic growth.

Judith Green, IFC Country Manager for Malaysia, emphasized the role of innovative digital solutions in strengthening public services, stating that the investment will scale secure and resilient systems that expand access for people and businesses in Malaysia and other emerging markets.

Zetrix AI aims to bridge blockchain, AI, and real-world services

Zetrix AI, formerly MY E.G. Services Berhad, is a pioneer in electronic government services and has evolved into a leading Layer-1 blockchain provider in Southeast Asia. Its DPI applications cover services from digital ID verification to trade digitalization and tokenization of real-world assets.

TS Wong, Group Managing Director of Zetrix AI, highlighted the project’s cross-border potential, noting that blockchain and AI will catalyze socio-economic integration across ASEAN. With IFC’s participation, Zetrix AI plans to accelerate regional expansion while delivering secure, efficient, and cost-effective solutions for public and private sector services.

The IFC investment positions Zetrix AI as a key player in driving blockchain adoption for public services in emerging markets, while promoting digital financial inclusion and supporting the broader ASEAN digital economy.

Meanwhile, United States Treasury Secretary Scott Bessent has called for strategic reforms within the IMF and World Bank, showing potential shifts in the global financial system amid rising economic pressures and currency volatility.

 

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