According to ChainCatcher, the Malaysian Securities Commission has released a consultation document to gather public opinions on the draft regulatory framework for tokenized capital market products, with the consultation period running from May 6 to June 16, 2025.

The Securities Commission pointed out that tokenized capital market products digitalize traditional financial products through distributed ledger technology (DLT) and should be distinguished from digital tokens and digital currencies, as they are regulated under different frameworks.

The Securities Commission stated that the regulatory framework aims to address market interest in tokenized products, exploring the application of DLT in capital markets, including programmable assets, fractional ownership, and enhanced transparency, while ensuring investor protection.