IFC's $40M Investment in Malaysia's Zetrix AI to Revolutionize Digital Public Infrastructure Access

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a $40 million investment in Zetrix AI Berhad.

This funding targets the development of blockchain-based Digital Public Infrastructure (DPI) applications and AI-enabled products to boost digital inclusion in Malaysia and ASEAN.

Strategic Partnership for Digital Transformation

IFC's investment aligns with Malaysia's Thirteenth Malaysia Plan (2026-2030), advancing the nation's digital agenda.

Zetrix AI, formerly MY E.G. Services Berhad, has provided e-government services since 2000 and now leverages its Layer-1 blockchain platform.

Integration with National Systems

The solutions will integrate with MyDigital ID and Malaysia Blockchain Infrastructure (MBI) for secure digital ID verification and services.

Judith Green, World Bank Group Country Manager for Malaysia, stated that DPI development is essential for inclusive growth and economic competitiveness.

TS Wong, Group Managing Director of Zetrix AI, noted that real-world blockchain and AI use cases will catalyze transformation across ASEAN.

Impacts and Future Prospects

The investment enhances efficiency in international trade digitalization and real-world asset tokenization.

It promises cost-effective, secure services expanding opportunities for people and businesses.

Zetrix AI plans accelerated global expansion into emerging markets with IFC's support.

This move fosters resilient, interoperable digital ecosystems and deeper socio-economic integration in the region.

Overall, the partnership positions Malaysia as a leader in blockchain-AI convergence for public services.