Malaysia Capital Markets Sandbox Launches First Cohort

Malaysia capital markets sandbox efforts moved forward as the Securities Commission selected six firms for its first Regulatory Sandbox cohort, enabling 12 months of real‑world testing.

Firms include Wahed X and Urban NX for alternative real‑estate investments; Kapital DX and Pitch Platforms for secondary‑market initiatives; and Virtual Economy Technology and PeerHive for alternative financing.

Testing will start in January or July 2026 depending on readiness. Chairman Mohammad Faiz Azmi said the programme aims to support innovation while maintaining investor protection.