Malaysia
Ledger Insights
CIMB settles $342m tokenized sukuk using tokenized deposits in Malaysian first
- The pilot linked tokenized sukuk settlement with tokenized deposits in what CIMB described as a Malaysian first.
- The issuance was made under CIMB Islamic Bank's Senior Sukuk Wakalah Programme.
- The transaction totaled RM1.68 billion, with RM1.38 billion, or $342 million, settled via tokenized deposits and tenors of five to 15 years.