KUALA LUMPUR, AmanahRaya Trustees Bhd (ART), a wholly owned unit of Amanah Raya Bhd, has signed a memorandum of understanding (MoU) with CoKeeps Sdn Bhd to explore the development of Digital Asset Custodian (DAC) services.
In a joint statement, both parties said the collaboration represents a key step in advancing digital transformation, enhancing investor confidence, and strengthening Malaysia’s financial ecosystem.
The partnership will combine ART’s expertise in fiduciary and trusteeship with CoKeeps’ position as Malaysia’s first Securities Commission (SC)-registered digital asset custodian. Together, they aim to create a testbed for tokenisation and build certified digital asset infrastructure to support corporate clients, private mandates, estate planning, and future tokenisation projects.
ART chief executive officer Zainudin Suhaimi said digital assets are reshaping wealth management, and trustees must evolve to meet new market needs. “By bridging traditional fiduciary roles with modern infrastructure, AmanahRaya Trustees will continue to be a trusted partner in today’s fast-changing financial landscape,” he said.
CoKeeps CEO Suhanna Hussein added that the collaboration is an important step toward building a secure and reliable digital asset ecosystem that complies with regulations while keeping pace with market expectations. “This partnership aligns with the government’s digital economy agenda and ensures custodial frameworks are built on strong governance, compliance, and risk management, paving the way for tokenisation and long-term value creation,” she said.
