Malaysia’s Crown Prince Launches $121M Crypto Treasury – Despite Bubble Fears
Yahoo Finance·2025-12-10 02:13
Malaysia’s Crown Prince has formally stepped into the digital-asset sector with a new state-backed stablecoin initiative and a large crypto-treasury plan, even as concerns grow over whether the global digital-asset treasury boom has already entered a fragile phase. Bullish Aim Sdn. Bhd., chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, announced the launch of RMJDT, a ringgit-backed stablecoin issued on Zetrix, the Layer-1 blockchain that powers Malaysia’s nat ...