The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has committed a USD40 million equity investment in Zetrix AI Bhd to support the expansion of Digital Public Infrastructure (DPI) services in Malaysia. The funding will support the development and rollout of blockchain-based DPI applications and artificial intelligence-enabled products aimed at improving digital inclusion, service delivery and economic efficiency in Malaysia and across ASEAN.
In Malaysia, Zetrix AI’s solutions will integrate with MyDigital ID, the national digital identity system, and the Malaysia Blockchain Infrastructure (MBI), the country’s national blockchain network. The company’s applications focus on services such as digital identity verification, digitised customs clearance, international trade facilitation and tokenisation of real-world assets. The investment will also support the company’s expansion into other emerging markets in ASEAN and beyond.
Zetrix AI, formerly known as MY E.G. Services Bhd, operates a Layer-1 blockchain platform and deploys blockchain and AI technologies for public and private sector applications. The investment aligns with Malaysia’s Thirteenth Malaysia Plan (2026–2030), which prioritises digital transformation and infrastructure development to strengthen economic competitiveness and public service delivery.