Bullish Aim Sdn. Bhd., chaired and owned by His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, has officially launched RMJDT, a Ringgit-backed stablecoin built on Zetrix, the core Layer-1 blockchain powering Malaysia’s national Malaysia Blockchain Infrastructure (MBI).
The initiative marks one of the country’s most significant steps toward regulated digital currency adoption.
Developed under Malaysia’s regulated sandbox framework, RMJDT is designed to boost the international use of the Malaysian Ringgit by enabling more efficient cross-border trade settlements.
The stablecoin also aims to position Malaysia as a competitive destination for foreign direct investment (FDI) by aligning with global tokenization trends and the nation’s Digital Asset National Policy.
Digital Asset Treasury Company (DATCO) Established to Support RMJDT
To support the rollout, Bullish Aim will establish a Digital Asset Treasury Company (DATCO), beginning with an initial treasury of RM500 million in Zetrix tokens and plans to expand to RM1 billion. The treasury will help stabilize network gas fees for RMJDT transactions, mirroring strategies used by global digital-asset leaders such as MicroStrategy and Bitmine Immersion.
DATCO will also stake Zetrix tokens to back up to 10% of the validator nodes securing the Malaysia Blockchain Infrastructure. This move is expected to strengthen Malaysia’s long-term Web3 capabilities, enhance blockchain security, and support the efficiency of RMJDT usage across the ecosystem.
Regent of Johor Emphasizes National Significance
“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,” the Regent of Johor said, emphasizing the long-term national significance of the initiative.
Advancing Digital Innovation and Blockchain Infrastructure
Together, RMJDT and DATCO reflect Johor’s growing commitment to advancing digital innovation and reinforcing Malaysia’s blockchain infrastructure. Operating fully within the country’s sandbox regulatory structure, the project aims to ensure transparency, compliance, and close national oversight as Malaysia accelerates its digital-economy ambitions.