Completion reported: 20 August 2026. Coverage reviewed: 4 November 2026.
Maybank completed what it described as Malaysia's first tokenised supply-chain financing transaction, a RM1 million pilot with Virtual Economy Technology, known as V Systems, using its NexA platform. Construction-materials supplier Syarikat Logam Unitrade participated, with Maybank providing the financing. Business Today reported the transaction on 20 August.
The pilot covered invoice approval, disbursement and settlement in a live commercial environment. It illustrates a business use of tokenisation in working-capital finance, with transparency and traceability among the intended benefits. Those intended benefits are not a published measurement of cost savings or faster processing. Business Today's report.
Fintech News Malaysia's report on the same date places V Systems in the SC's first regulatory sandbox cohort, selected in November 2025 under the alternative-financing track. A sandbox pilot does not itself establish a general product launch.
References
- Business Today — Maybank's RM1 million supply-chain financing pilot, 20 August 2026.
- Fintech News Malaysia — Pilot and regulatory sandbox context, 20 August 2026.