Luno has further strengthened its digital asset offerings in Malaysia with the addition of Algorand (ALGO) and NEAR Protocol (NEAR), the first Securities Commission Malaysia (SC)-approved cryptocurrencies of 2025. This brings the total number of assets available on the platform to 20.
This latest expansion not only broadens access to the cryptocurrency market for Malaysian investors but also offers greater portfolio diversification, particularly with the upcoming launch of NEAR staking, which will offer passive rewards of up to 7% per annum, distributed daily.
Both new digital assets are built on scalable, secure blockchain platforms. Algorand is recognised for its fast, low-cost transactions and environmentally sustainable approach, aiming to support a borderless digital economy through decentralised applications. Meanwhile, NEAR Protocol offers a high-throughput, low-fee blockchain infrastructure designed to simplify decentralised app development.
In 2024, Luno led the approval of seven digital assets with the SC and now targets to double that figure in 2025, beginning with ALGO and NEAR. The exchange continues to work closely with the regulator to streamline the introduction of new assets.
Luno remains the only regulated digital asset exchange in Malaysia offering staking services. Currently, staking is available for Ethereum, Solana, Cardano, and Polkadot, with NEAR set to be included soon.
Committed to investor protection and innovation, Luno applies a rigorous screening process for all new listings, considering technical, regulatory, and legal aspects. It also promotes responsible investing through its free educational platform, Luno Discover, which provides resources to help users make informed financial decisions.
