Zetrix

What Zetrix does

Zetrix is a Layer-1 public blockchain platform developed and operated by Zetrix AI Berhad (formerly MY E.G. Services Berhad), headquartered in Petaling Jaya, Malaysia. The company operates as the exclusive international supernode of China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF), positioning it as the cross-border connectivity layer between China and ASEAN markets for digital identity, trade, and financial applications. Its core technology comprises the Zetrix-BFT consensus mechanism, multi-chain sharding, W3C-compliant Decentralised Identifiers (DID/BID), Verifiable Credentials (VC), and cross-chain interoperability with Ethereum and Hyperledger, with smart contract development supported in Node.JS, Java, and GO.

The platform monetises primarily through transaction fees, smart contract execution fees (gas), credential verification fees, and marketplace commissions. Its product suite spans ZTrade (cross-border trade digitisation integrated with GACC and Philippines Bureau of Customs), ZCert (verifiable credentials available in China and Malaysia with planned expansion to nine countries), ZID (digital identity network), Zetrix Wallet, NFT Pangolin marketplace, Zetrix DAO (governance), Zetrix Robotics (facility automation), Zetrix Avatar (blockchain-AI trust protocol for autonomous AI agents), and NurAI (a Shariah-aligned large language model targeting Islamic finance). The customer base is concentrated on government agencies (MBI, MIMOS, MyDigital ID Solutions, JPJ, Immigration Department of Malaysia, GACC, Philippines BOC), financial institutions (AmBank, Bank of China), and trade associations (FMFF, SGTraDex), with the company pursuing a multi-channel go-to-market strategy combining direct enterprise sales, channel partnerships, developer self-service portals, and a Web3Labs-powered Global Accelerator Programme.

Commercial momentum is evidenced by a USD 40 million equity investment from the International Finance Corporation (World Bank Group) in February 2026, a rebrand from MYEG to Zetrix AI Berhad, plans to list its AI Foundation Lab on Nasdaq by end of 2026, and active expansion into AI (NurAI, Avatar), stablecoins (RMJDT with a RM 500 million treasury), and physical robotics within an 11–50 employee organisation.

Name

Zetrix

Legal name

Zetrix

Website

https://zetrix.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Zetrix is a Layer-1 public blockchain platform developed by Zetrix AI Berhad in Malaysia, operating as the international supernode of China's Xinghuo BIF national blockchain. It provides cross-border trade digitisation, W3C-compliant digital identity, verifiable credentials, AI agent infrastructure, and stablecoin services to governments, financial institutions, and enterprises across ASEAN.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH)

akta.pro secondary industries

Interoperability & Cross-Chain Messaging (bridges, IBC, messaging, routing) (FSAPAAAE), Cross-Border & FX Payments Platforms (BPAMAFAK), Cross-Chain Security & Verification (light clients, zk/optimistic proofs, validation networks) (FSAPAKAF), Testing, Simulation & Local Dev Environments (testnets, forks, fuzzing, CI) (FSAPABAG)

Keywords

• Layer-1 blockchain infrastructure
• Digital identity verification
• Cross-border trade finance
• Verifiable credentials platform
• Blockchain development tools

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Blockchain Infrastructure Services: Zetrix operates as a Layer-1 public blockchain providing infrastructure services to governments, enterprises, and financial institutions for deploying decentralised applications, digital identity services, trade facilitation, and cross-border transactions. Revenue is generated through transaction fees, smart contract execution fees (gas fees), and service fees associated with its various DApp platforms.
2. Digital Identity & Verifiable Credentials (ZCert/ZID): Zetrix provides digital identity and verifiable credential services to individuals and enterprises, potentially monetised through verification fees and licensing arrangements with government and enterprise clients.
3. ZTrade Cross-Border Trade Facilitation: ZTrade platform charges fees for cross-border trade documentation, certificate of origin issuance, and customs clearance processing. The platform is integrated with government customs agencies and financial institutions to enable streamlined trade flows.
4. Developer Tools & Smart Contract IDE: Zetrix offers developer tools including a Smart Contract IDE supporting Node.JS, Java, and GO, Block Explorer, and Node Monitor. Developers pay gas fees for transactions on the network.
5. NFT Marketplace (NFT Pangolin): NFT Pangolin is a global NFT marketplace supporting the issuance and trading of NFTs on Zetrix and Ethereum, generating revenue through transaction commissions on NFT trades.

Go-to-market motion3 records

Distribution channels9 records

Marketing channels10 records

Core offering

Zetrix is a Layer-1 public blockchain platform designed for cross-border, cross-chain transactions, serving public sectors, enterprises, and financial institutions. It functions as the international extension of China's national blockchain network Xinghuo BIF, operating as its international supernode. The platform supports smart contract development in Node.JS, Java, and GO, features W3C-compliant Decentralised Identifiers and Verifiable Credentials, and implements Zetrix-BFT consensus with DPoS. Built-in modules include ZCert (verifiable credentials), ZID (digital identity), ZTrade (cross-border trade facilitation), Zetrix Wallet, NFT Pangolin marketplace, and Zetrix Avatar AI agent protocol.

Product overview

Zetrix is a Layer-1 public blockchain platform designed for cross-border, cross-chain transactions serving public sectors, enterprises, and financial institutions. The platform operates as a modular ecosystem comprising the core Zetrix blockchain infrastructure, developer tools (Smart Contract IDE, Block Explorer, Node Monitor), identity solutions (ZID, ZCert), trade facilitation (ZTrade), digital wallet, governance (Zetrix DAO), and AI services (Zetrix Avatar, NurAI, Zetrix AI). The platform is cross-chain compatible with Ethereum and Hyperledger, and serves as the international extension of China's national Xinghuo blockchain network, enabling connectivity between China/ASEAN markets and global blockchain ecosystems.

Differentiator

Problem solved

Functional benefit

Brands

• ZID: Blockchain-based identity network for digital identity verification
• ZCert
• ZTrade
• Zetrix DAO
• Zetrix Avatar
• Zetrix Robotics
• NFT Pangolin
• NurAI
• Zetrix Wallet

Products and services

• Zetrix Layer-1 Blockchain A Layer-1 public blockchain that facilitates smart contracts and delivers privacy, security, and scalability for cross-border, cross-chain transactions. Designed for Public Sectors, Enterprises, and Financial Institutions.
• ZCert Verifiable Credentials Platform A verifiable credentials platform that encrypts, issues, and stores digital credentials and identification documents on the blockchain with cross-border verification capabilities. Supports National IDs and driving licences for China and Malaysia with expansion to other ASEAN countries.
• ZID Digital Identity Network A blockchain-based digital identity network for secure and privacy-preserving identity verification, conforming to W3C standards. Distinguishes human interactions from AI agents and supports Zidentity (ZID) interoperability with Xinghuo BIF.
• ZTrade Cross-Border Trade Facilitation Platform A cross-border trade facilitation platform enabling digitised trade documentation, customs clearance, certificate of origin issuance, and trade financing for exporters trading between China, Malaysia, Philippines, and other ASEAN countries.
• Zetrix Wallet A consumer-facing digital wallet application available for download that enables users to store and manage digital IDs, verifiable credentials, and digital assets on the Zetrix blockchain.
• Smart Contract IDE An Integrated Development Environment for creating, executing and managing smart contracts using Node.JS, Java, and GO programming languages on the Zetrix blockchain.
• Zetrix Avatar A blockchain-AI trust protocol providing autonomous AI agents with verified identity, credentials, and digital asset access. Enables individuals and enterprises to create AI digital twins trained on their personality and preferences, with built-in verification for agent-to-agent interactions.
• Zetrix Robotics Intelligent automation solutions spanning high-performance cleaning robots to fully integrated facility automation, offered through a Lease-to-Own programme to make cutting-edge robotics more accessible to businesses.
• NurAI Shariah-Aligned Large Language Model The world's first Shariah-aligned large language model (LLM), developed by Zetrix AI in collaboration with INCEIF University, designed to address the needs of two billion Muslims and unlock the US$3 trillion Islamic economy.
• NFT Pangolin Marketplace A global NFT marketplace supporting the issuance and trading of NFTs on Zetrix and Ethereum blockchains, enabling creators to mint, sell, and trade digital collectibles.
• Block Explorer A blockchain explorer tool available at explorer.zetrix.com for viewing and verifying transactions on the Zetrix network.
• RMJDT Ringgit-Backed Stablecoin A ringgit-pegged stablecoin launched on the Zetrix blockchain by Bullish Aim for payments and cross-border trade settlement, backed by ringgit cash and short-term Malaysian government bonds as part of the National Digital Asset Sandbox Initiative.

Quantifiable outcome

• 100 million+ blockchain identifiers resolved daily on Xinghuo BIF (Zetrix's international supernode)
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature10 records

Partnerships

24 partnerships are on record, tiered core, flagship and minor.

• CAICT's AstroncoreTechnology or Integration · 14 April 2026Zetrix AI Berhad and CAICT's Astron unveiled 'Avatar', a blockchain-AI trust protocol for the agentic AI ecosystem, at the World Internet Conference Asia Pacific in Hong Kong. The protocol provides autonomous AI agents with verified identity, credentials, and digital asset access.
• China Academy of Information and Communications Technology (CAICT)coreStrategic or Co-development Partner · 12 October 2021MYEG signed an MoU with CAICT to develop Zetrix as the international extension of China's national blockchain Xinghuo BIF, introducing backbone and supernodes outside China. CAICT is China's leading blockchain research institute under the Ministry of Industry and Information Technology (MIIT), responsible for developing and implementing Xinghuo BIF nationwide.
• MIMOS BerhadcoreStrategic or Co-development PartnerMYEG and MIMOS entered into an MoU to jointly develop and operate the national Layer 1 public blockchain using Zetrix and MIMOS technology as the components of Malaysia Blockchain Infrastructure (MBI). The collaboration was witnessed by Malaysia's Prime Minister and Science, Technology and Innovation Minister.
• General Administration of Customs of the People's Republic of China (GACC)coreStrategic or Co-development PartnerMYEG signed a partnership agreement with East Logistic-Link Co., Ltd, a wholly-owned agency of GACC, to jointly provide cross-border trade facilitation services including certificates of origin and other trade certificates on the Zetrix blockchain platform, enabling efficient customs clearance within RCEP.
• Philippines Bureau of Customs (BOC)coreStrategic or Co-development PartnerMYEG collaborated with Philippines BOC and Cargo Data Exchange Center Inc. (CDEC) to deploy ZTrade, making the Philippines the second country after Malaysia to adopt the blockchain-based customs clearance and processing service for trade flows between the Philippines and China.
• Beitou IT InnovationcoreTechnology or IntegrationMYEG partnered with China's Beitou IT Innovation to spearhead international digital identity credentials service on the Zetrix blockchain. Beitou is a state-owned entity actively involved in China's national blockchain infrastructure development, with a developer network of 30,000+ developers.
• AmBank GroupflagshipStrategic or Co-development PartnerMYEG's Zetrix partnered with AmBank to pilot Zetrix TradeFi (ZTF), a pioneering blockchain-based supply chain and invoice financing platform for cross-border trade. AmBank is among the first financial institutions in Malaysia to explore blockchain technology for trade financing.
• Bank of ChinaflagshipStrategic or Co-development PartnerBank of China participated in Zetrix's cross-border supply chain financing pilot alongside Dixchain, targeting trade between Malaysia and China under the RCEP framework.
• DixchaincoreTechnology or IntegrationDixchain, a national-level high-tech enterprise in China integrating financial technology and financial services, partnered with Zetrix for cross-border supply chain financing pilots, focusing on digital solutions for global cross-border trade and finance.
• Web3LabscoreStrategic or Co-development PartnerZetrix partnered with Web3Labs to launch the Global Accelerator Programme and accelerate Hong Kong's Web3 roadmap initiatives. The programme provides grants, mentorship, investor matching, and media visibility for Web3 startups building on Zetrix.
• Universiti Malaya (UM)coreStrategic or Co-development PartnerMYEG and Universiti Malaya entered into a collaborative research agreement with CAICT under the Malaysia-China intergovernmental G2G programme, focusing on cross-border blockchain infrastructure research, AI technology development, and cross-border trade optimisation. The collaboration is expected to produce PhD graduates and joint publications.
• MyDigital ID SolutionscoreStrategic or Co-development PartnerMYEG partnered with MyDigital ID Solutions to establish Malaysia's digital identity ecosystem, building the Web 3 platform on Malaysia Blockchain Infrastructure and integrating Zetrix's blockchain infrastructure with the national digital identity system.
• SGTraDexminorStrategic or Co-development PartnerMYEG and SGTraDex forged a strategic partnership to enhance Malaysia-Singapore digital trade connectivity, linking Zetrix's ZTrade platform with Singapore's trade data infrastructure.
• Worldcoin Foundation and Tools for HumanityminorStrategic or Co-development PartnerMYEG announced a strategic alliance with MIMOS Berhad, Worldcoin Foundation, and Tools for Humanity to revolutionise Malaysia's blockchain infrastructure and digital ecosystem, potentially integrating World ID identity protocols.
• INCEIF University (ISRA Institute)coreStrategic or Co-development PartnerZetrix AI and INCEIF University entered a strategic collaboration to develop and deploy next-generation Islamic Finance AI Agents built on NurAI, aiming to enhance how users and faculty access Islamic finance services.
• Shenzhen Data Exchange Co. Ltd (SZDEX)coreStrategic or Co-development PartnerZetrix AI and SZDEX jointly established a platform for secure monetisation of data as a strategic asset class in ASEAN, enabling regulated cross-border data flows between China and Southeast Asia.
• MYEG Philippines, Inc. (MYEG PH)coreStrategic or Co-development PartnerMYEG Philippines signed agreements with PRC, BTR, LANDBANK, PPA, and BFAR for digital payment services, underscoring Zetrix AI's market leadership in the Philippines.
• Bullish AimcoreStrategic or Co-development PartnerBullish Aim launched RMJDT, a ringgit-pegged stablecoin, on the Zetrix blockchain with a 500 million ringgit (US$121 million) treasury backed by ringgit cash and short-term Malaysian government bonds, as part of the National Digital Asset Sandbox Initiative.
• MaiCapitalminorStrategic or Co-development PartnerZetrix/MYEG and MaiCapital signed an MoU to launch a virtual asset fund or Hong Kong virtual asset ETF products, comprising a basket of cryptocurrencies including Bitcoin and Zetrix, pending SFC approval.
• ArkreenminorStrategic or Co-development PartnerZetrix partnered with Arkreen for sustainable blockchain solutions, working on projects leveraging blockchain for environmental impact and energy efficiency, including tracking energy usage, carbon emissions, and renewable energy credits.
• Beibu Gulf Investment GroupcoreTechnology or IntegrationZetrix collaborates with Beibu Gulf Investment Group to enable the China-ASEAN Identification Pass, a verifiable credentials platform that allows Chinese nationals to digitise driving licences for authentication across ASEAN countries.
• Federation of Malaysian Freight Forwarders (FMFF)coreStrategic or Co-development PartnerMYEG collaborated with FMFF for ZTrade adoption by members, and to establish ZTrade as the National Single Window trade platform for ASEAN countries.
• Miss Universe OrganizationflagshipGTM or Marketing PartnerMiss Universe partnered with Zetrix to launch a global blockchain voting app and immersive AI companions, enabling millions of fans worldwide to participate in secure voting through the Zetrix blockchain platform.
• World Data Organization (WDO)coreStrategic or Co-development PartnerZetrix AI is a founding member of the World Data Organization, committed to enabling global data unlocking and monetisation as a strategic asset class.

Scale indicators8 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• VeChain: VeChain is a Layer-1 public blockchain focused on supply chain traceability, sustainability, and enterprise adoption, with similar positioning around government/enterprise partnerships and Asia-Pacific market expansion as Zetrix.
• Polygon Labs: Polygon operates a Layer-1/Layer-2 Ethereum-compatible blockchain ecosystem with cross-chain interoperability tooling and enterprise-grade developer infrastructure. Both Zetrix and Polygon target enterprise, government, and developer use cases with cross-chain compatibility, though Polygon anchors to Ethereum while Zetrix bridges to Hyperledger and China's Xinghuo BIF.
• Hyperledger Foundation (Linux Foundation): Hyperledger is the leading open-source permissioned blockchain framework for enterprise and cross-border trade applications — Zetrix explicitly integrates with Hyperledger via cross-chain compatibility, and both target government, supply chain, and financial institution use cases for cross-border trade and identity.
• Avalanche: Avalanche is a Layer-1 blockchain with subnets for institutional/enterprise use and significant cross-chain (Wormhole, LayerZero) integration — a direct comparable on infrastructure positioning, sub-chain scalability, and enterprise/government sales motion.
• R3 Corda: R3's Corda is a permissioned enterprise blockchain platform purpose-built for financial institutions, supply chain finance, and cross-border trade — directly overlapping with Zetrix's TradeFi pilots with AmBank and Bank of China and its customs/trade facilitation use cases.
• Algorand Foundation: Algorand is a Layer-1 blockchain targeting enterprise, financial institutions, and government digital identity/CBDC applications with a PoS consensus model — directly comparable to Zetrix's positioning around ESG-compliant infrastructure for regulated, cross-border use cases.

Broad incumbents

• Consensys: Consensys is the largest Ethereum infrastructure and developer tooling provider (Infura, MetaMask, Truffle). It competes broadly with Zetrix's developer tooling (Smart Contract IDE), wallet, and enterprise blockchain offerings via the Ethereum ecosystem.

Emerging players

• Chainlink Labs: Chainlink provides cross-chain interoperability infrastructure (CCIP) and oracle services that compete with elements of Zetrix's cross-chain messaging and verification capabilities, particularly for institutional cross-border data exchange.
• Worldcoin / Tools for Humanity: Worldcoin is a privacy-preserving digital identity and proof-of-personhood protocol — Zetrix has a strategic alliance with Worldcoin Foundation and Tools for Humanity for Malaysia digital infrastructure, making them adjacent peers in the digital identity verification space.

Regional players

• HashKey Group: HashKey is an Asia-based digital asset platform offering regulated custody, tokenisation, and a virtual asset ETF business — comparable to Zetrix's stablecoin (RMJDT), ETF plans (MaiCapital MoU), and tokenisation (CycleX $CZTF) efforts, with similar Asia regulatory focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/zetrix_official
• TikToktiktok.com/@zetrix.official
• Facebookfacebook.com/zetrix.official
• LinkedInlinkedin.com/company/zetrix

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zetrix