Official launch announced: 20 October 2026, 5:00 pm Malaysian time. Coverage reviewed: 4 November 2026.
Bank Negara Malaysia announced SSDS+, its next-generation platform for issuing, recording and safeguarding tokenised bonds and sukuk, on 20 October. BNM developed it in-house using cloud and distributed ledger technologies. BNM's dated announcement.
Securities records and the payment leg
SSDS+ builds on the existing Scripless Securities Depository System for the wholesale market and is also ready to support tokenised government and corporate retail bonds. It integrates with RENTAS+, which handles corresponding payments in central bank money, while SSDS+ manages securities transfers and ownership records. BNM said the integration supports payment and settlement services around the clock. BNM's launch release.
The launch concerns financial-market infrastructure. It does not announce a public cryptocurrency or establish that all Malaysian bonds have moved to a blockchain. Specific issuances and investor access still need their own terms and announcements.
The platform adds infrastructure context to the tokenised retail savings sukuk proposed in Budget 2027 and the institutional sukuk settlement work at CIMB.
Reference
- Bank Negara Malaysia — BNM launches SSDS+: Powering digital and tokenised bond and sukuk issuance, 20 October 2026; release time 17:00 MYT.