RMJDT Introduced as Part of National Digital Asset Sandbox Initiative

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(Right) TS Wong, Co-founder of Zetrix and (Left) Dato’ Lion Peh, Managing Director of Bullish Aim Sdn Bhd, exchanging the agreement, witnessed by (Middle) the Regent of Johor.

10 December 2025

JOHOR BAHRU: Bullish Aim Sdn. Bhd., chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, announced the official launch of RMJDT, a Ringgit-backed stablecoin issued on Zetrix, the core Layer-1 blockchain underpinning Malaysia's national Malaysia Blockchain Infrastructure (MBI).

Launched under a regulated sandbox framework, RMJDT is designed to strengthen the international use of the Malaysian Ringgit in cross-border trade settlements and to act as a catalyst for attracting increased foreign direct investment (FDI) into Malaysia. The initiative aligns with global tokenisation trends and directly supports Malaysia's Digital Asset National Policy.

In conjunction with the RMJDT rollout, Bullish Aim will also establish a Digital Asset Treasury Company (DATCO) with an initial treasury allocation of RM500 million in Zetrix tokens, with plans to increase to RM1 billion. Modelled after global precedents such as MicroStrategy and Bitmine Immersion, this treasury will play a pivotal role in ensuring stable network gas fees for RMJDT transactions.

DATCO will additionally stake Zetrix tokens to support up to 10% of the validator nodes within the Malaysia Blockchain Infrastructure, reinforcing long-term national Web3 resilience while enhancing the security and efficiency of the blockchain ecosystem.

"As the issuer of RMJDT, we view the establishment of a Zetrix-token treasury as a strategic necessity – both to support operational stability and to deepen alignment with the national blockchain," said the Regent of Johor.

These dual initiatives reflect Johor's commitment to advancing digital innovation at the intersection of blockchain technology, trade infrastructure, and national economic development, while operating within Malaysia's approved sandbox environment to ensure compliance, transparency, and national oversight.