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Blockchain technology service provider V Systems Malaysia says it has been appointed by Malaysia’s sovereign wealth fund Khazanah Nasional Berhad to support Malaysia’s first tokenized Islamic bond pilot project. The project involves the issuance of approximately $25.2 million under Khazanah’s Sukuk Danum Islamic Medium-Term Notes Program (Khazanah Sukuk Danum Programme), with a framework cap of about $5.05 billion. The project is coordinated and regulated by the Securities Commission of Malaysia and is deployed on Malaysia’s domestic private blockchain, Aeris Chain. (CoinTrust)