Overview
- Bullish Aim, owned and chaired by the Regent of Johor, launched RMJDT on Zetrix with an initial supply of 500 million tokens.
- Company statements say reserves consist of ringgit cash deposits and short-term Malaysian government bonds.
- Bullish Aim is creating a Digital Asset Treasury Company funded with RM500 million in Zetrix tokens, with a stated plan to reach RM1 billion.
- The treasury intends to stake Zetrix tokens to support up to 10% of validator nodes on the Malaysia Blockchain Infrastructure and to help stabilize gas fees.
- The issuer frames the project as a tool for faster cross-border ringgit settlements and to attract foreign investment as stablecoin adoption accelerates across Asia.