MASVERSE
Masverse Sdn Bhd is a Malaysian Layer 1 public-permissioned blockchain company, founded 2022 in Puchong, that provides MasChain infrastructure and BaaS modules (MasWallet, MasDID, BlockchainCert.my, MyEduID, MyKapital, E-Wakalah) to Malaysian government agencies and regulated enterprises via consultative enterprise sales.
- Company typePrivate
- Founded2022
- HeadquartersPuchong, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MASVERSE does
Masverse Sdn Bhd is a privately held Malaysian blockchain infrastructure company headquartered in Puchong, founded in 2022 and operating with 11-50 employees. The company's core product is MasChain, a Layer 1 public-permissioned blockchain using Proof of Authority consensus, which it sells to government agencies, regulated enterprises, and developers primarily through a consultative enterprise sales motion. Revenue is generated via Blockchain-as-a-Service subscriptions, professional services (including Token Crowdfunding consultation), and subscription-based immutable audit-trail solutions, with pricing handled through custom quotes rather than public list rates.
The product architecture is platform-plus-modules: MasChain and BaaS form the infrastructure base, while MasWallet, MasDID (decentralized identity), BlockchainCert.my (credential verification, including the Zero Fake Certificate campaign which reported 100+ endorsements in a month), MyEduID (education identity), MyKapital (capital markets), and E-Wakalah Purpose-Bound Money (Shariah-compliant fund disbursement) extend the platform into specific verticals. The customer base is concentrated in Malaysian public-sector and regulated-enterprise accounts, with JPN Kedah, SIRIM, MASSCI, and MSNPP visible as partner or trust logos.
Masverse has accumulated a notable cluster of Malaysian regulatory credentials - Malaysia Digital status, MOF Certified Vendor, ISO 9001 QMS, SIRIM endorsement, MySTI, and HRD Corp Training Provider - which collectively position it for government procurement. Distribution is direct enterprise sales supplemented by event-led demand generation (Masverse Ecosystem Day, MYBW Side Events, bootcamps) and a recently announced role as project coordinator for the Zenith International Investor Network with Yayasan Dato' Malaysia and Cradle Fund, using BlockchainCert.my as the investor verification rail. Geographic footprint is single-country (Malaysia) with no disclosed expansion outside Southeast Asia.
MASVERSE firmographics
Firmographics- Name
- MASVERSE
- Legal name
- Masverse Sdn Bhd
- Website
- https://masverse.com.my
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Masverse Sdn Bhd is a Malaysian Layer 1 public-permissioned blockchain company, founded 2022 in Puchong, that provides MasChain infrastructure and BaaS modules (MasWallet, MasDID, BlockchainCert.my, MyEduID, MyKapital, E-Wakalah) to Malaysian government agencies and regulated enterprises via consultative enterprise sales.
- Ownership category
- akta.pro rank
MASVERSE industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)
- akta.pro secondary industries
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
Keywords
Where MASVERSE is headquartered
LocationHeadquarters
- HQ city
- Puchong
- HQ country
- Malaysia
- HQ region
- Asia
Markets served
MASVERSE business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Blockchain Infrastructure Services: MasChain Layer 1 blockchain platform services and BaaS offerings for enterprise clients requiring blockchain infrastructure
- Blockchain Consultation: TCF (Token Crowdfunding) consultation services and blockchain advisory
- Blockchain Audit Trail: Immutable data tracking and verification solutions as a service
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
MASVERSE product offering
Product offeringCore offering
Masverse builds and operates MasChain, a Layer 1 public-permissioned blockchain, and provides Blockchain as a Service (BaaS), TCF consultation, and blockchain audit trail services to governments, enterprises, and developers. It complements this infrastructure with sector-specific applications such as MasWallet, MasDID, BlockchainCert.my, MyEduID, MyKapital, and the E-Wakalah Purpose-Bound Money solution.
Product overview
Masverse operates a platform-plus-modules architecture centered on MasChain, a Layer 1 public-permissioned blockchain. The core infrastructure consists of MasChain and BaaS (Blockchain as a Service), complemented by TCF Consultation Services and Blockchain Audit Trail for specific use cases. The product portfolio extends to sector-specific solutions including MasWallet (transactions), MasDID (decentralized identity), BlockchainCert.my (certification/verification), MyEduID (education identity), MyKapital (capital markets), and E-Wakalah PBM (Islamic finance). Together, these products form a comprehensive blockchain ecosystem targeting governments, businesses, and developers in Malaysia.
Differentiator
Problem solved
Functional benefit
Brands
- MasChain: Layer 1 public-permissioned blockchain chain offering a secure, scalable, and user-friendly environment for governments, businesses, and developers.
- MasWallet
- MasDID
- BlockchainCert.my
- MyEduID
- MyKapital
- E-Wakalah PBM Solution
Products and services
- MasChain (Layer 1 Blockchain) A Layer 1 public-permissioned blockchain offering a secure, scalable, and user-friendly environment for governments, businesses, and developers to build blockchain applications.
- BaaS (Blockchain as a Service)
- TCF Consultation Services
- Blockchain Audit Trail
- MasWallet
- MasDID
- BlockchainCert.my
- MyEduID
- MyKapital
- E-Wakalah Purpose-Bound Money (PBM) Solution
Quantifiable outcome
- 100+ endorsements in a month through Zero Fake Certificate Campaign
- +1 more outcomes
Companies that use MASVERSE
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
MASVERSE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
MASVERSE partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Yayasan Dato' Malaysia (YDM)coreMasverse Sdn. Bhd. has been appointed as project coordinator for the Zenith International Investor Network, an initiative designed to attract foreign investments from High Net-Worth Individuals into high-technology Malaysian startups. YDM provides access to global HNWI investor networks while Masverse coordinates the initiative and provides BlockchainCert.my for investor verification through the Zenith Elite Program.
- Cradle Fund Sdn. Bhd.coreCradle provides access to its post-CIP Sprint startup pipeline with startups eligible for commercialization grants of up to RM600,000. Masverse serves as project coordinator for the Zenith International Investor Network focusing on post-CIP Sprint startups in Blockchain, AI, and ESG sectors.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
MASVERSE competitors and assessment
Company assessmentDirect peers
- Zetrix: Malaysian public-permissioned Layer 1 blockchain operated by MY E.G. Services, focused on government, identity, and cross-border (China) trade applications. Directly comparable to Masverse in geography, regulatory positioning, and target customer base.
- VeChain: Public Layer 1 blockchain with a strong enterprise and supply-chain traceability focus. Comparable to Masverse in targeting regulated enterprise use cases (audit trails, provenance, supply chain) although operating at materially larger scale.
Broad incumbents
- MY E.G. Services (MYEG): Larger Malaysian e-government services incumbent that operates Zetrix; competes broadly with Masverse in government digital identity, document verification, and blockchain-backed public services and dwarfs Masverse in scale and procurement footprint.
- R3 (Corda): Enterprise-grade permissioned DLT platform (Corda) used heavily in financial services and trade finance. Comparable to MasChain as a permissioned framework competing for the same enterprise regulated workloads.
- Hyperledger Foundation: Linux Foundation-hosted suite of permissioned blockchain frameworks (Fabric, Besu, Indy). Competes with MasChain for enterprise and consortium blockchain deployments, particularly in regulated industries.
- Hedera Hashgraph: Enterprise-focused distributed ledger with governance by major corporations and permissioned-style use cases. Comparable to MasChain in its enterprise/government go-to-market and stable governance positioning.
- Algorand: Layer 1 blockchain with explicit focus on regulated financial applications, central bank digital currency pilots, and enterprise tokenization. Comparable to Masverse in its regulated-use-case positioning and PBM-adjacent ambitions.
- Polygon: Major Layer 2/Ethereum-scaling ecosystem with enterprise and government-facing offerings (Polygon ID, CDK, tokenization). Competes with MasChain for enterprise and government blockchain workloads at global scale.
- Consensys (Linea/Infura): Ethereum infrastructure provider offering permissioned-friendly tooling, identity, and enterprise blockchain services. Comparable to Masverse in providing the stack governments and enterprises use to deploy regulated blockchain applications.
Emerging players
- Provenance Blockchain: Permissioned-style public chain focused on financial asset tokenization and RWA infrastructure. Comparable to Masverse's MyKapital and token-crowdfunding ambitions as a regulated-asset tokenization platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
MASVERSE social profiles
Digital presenceMASVERSE compliance and trust
Trust signalCompliance2 records
MASVERSE financial estimates
Financial estimateRevenue estimate
Valuation estimate
MASVERSE leadership team
Management profileNumber of profiles
MASVERSE funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MASVERSE M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MASVERSE
What does MASVERSE do?
Masverse builds and operates MasChain, a Layer 1 public-permissioned blockchain, and provides Blockchain as a Service (BaaS), TCF consultation, and blockchain audit trail services to governments, enterprises, and developers. It complements this infrastructure with sector-specific applications such as MasWallet, MasDID, BlockchainCert.my, MyEduID, MyKapital, and the E-Wakalah Purpose-Bound Money solution.
Is MASVERSE a public or private company?
MASVERSE is a private company. It is classified as venture growth investor backed and is currently operating.
When was MASVERSE founded?
MASVERSE was founded in 2022. It employs 11 to 50 people.
Where is MASVERSE based?
MASVERSE is headquartered in Puchong, Malaysia, in the Asia region.
How does MASVERSE make money?
Three revenue lines are on record. Blockchain Infrastructure Services are the primary driver. The others are blockchain Consultation and blockchain Audit Trail.
Who are MASVERSE's main competitors?
Direct peers on record are Zetrix and VeChain. Broad incumbents are MY E.G. Services (MYEG), R3 (Corda), Hyperledger Foundation, Hedera Hashgraph, Algorand, Polygon and Consensys (Linea/Infura). Provenance Blockchain is listed as an emerging player.
Does MASVERSE have an API?
No public API is recorded for MASVERSE.
What industry is MASVERSE in?
MASVERSE's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity). Its NAICS code is 522320 and its SIC code is 6199.