CertiK, V Systems and ZICO Join Forces on Institutional Tokenization
CertiK, blockchain infrastructure provider V Systems and Malaysian law firm Zaid Ibrahim & Co. (ZICO) have signed a memorandum of understanding to support banks and financial institutions developing tokenized financial products. The agreement brings together expertise in blockchain technology, digital asset security and legal advisory, with a focus on opportunities across Greater China and Southeast Asia.
The MOU was signed at Cyberport during a session of the Cyberport Venture Capital Forum 2026, held as part of Hong Kong FinTech Week. The parties intend to combine their capabilities to help financial institutions address the technical, security and legal requirements involved in bringing tokenized products to market.
V Systems develops modular, institution-grade blockchain infrastructure and tokenization platforms for banks, sovereign-level investors and regulated financial institutions. CertiK contributes security services including smart contract audits, formal verification, penetration testing, Proof of Reserves and on-chain monitoring through its Skynet platform.
ZICO adds legal expertise in fintech, digital assets and capital markets. Its work includes advising on tokenized capital market instruments and payment systems, providing a legal component to the collaboration as institutions explore the issuance and deployment of digital financial products.
The agreement builds on previous work by the companies in institutional tokenization and blockchain security. V Systems served as the technology platform provider for Malaysia’s first tokenized sukuk, priced by Khazanah Nasional Berhad in 2026. CertiK has also conducted independent security assessments of blockchain systems delivered by V Systems for regulated financial institutions in Malaysia and Singapore.
“We see Greater China and ASEAN as key growth engines for institutional tokenization,” said YK Goh, CEO of Coded Solution Limited (V Systems). “Through this MOU, we are establishing a partnership to make blockchain infrastructure more scalable, strengthen security and improve cross-border interoperability. Closer collaboration between the two ecosystems will help us pursue opportunities across both regions. Islamic finance is one such opportunity, and Malaysia’s well-established Islamic finance framework gives us a strong foundation to build on.”
The regional focus reflects growing interest in real-world asset tokenization and cross-border capital flows, according to ZICO. The firm sees coordination between technical infrastructure, security and legal frameworks as important to enabling institutions to operate across different markets.
“Institutional tokenization is reaching an inflection point across ASEAN and Greater China, driven by growing appetite for real-world asset tokenization and cross-border capital liquidity,” said Jonathan Lim, Managing Partner at Zaid Ibrahim & Co. “Connecting regional digital asset initiatives requires aligning technical resilience, on-chain security, and multi-jurisdictional clarity. This strategic collaboration creates a powerful catalyst to unlock institutional participation and streamline cross-market execution for digital financial instruments across both regions.”
CertiK said the collaboration is intended to address security and regulatory considerations early in the development of institutional tokenization projects, rather than treating them as later-stage requirements.
“As banks and sovereign-level institutions move tokenization into production, security has to be built in from the start,” said Esme Pau, Head of Capital Markets and Policy at CertiK. “Working with V Systems and ZICO, we aim to help institutions address security and regulatory needs early and prepare tokenized products for cross-market deployment.”
The MOU establishes a framework for the three organizations to combine their expertise as banks and other financial institutions assess tokenized products and potential cross-border applications across Greater China and ASEAN.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Anastasiia O. is an editor at MPost, where she focuses on reshaping content across a wide spectrum of topics. With an eye for detail and a genuine interest in storytelling, she helps ensure that the content is both accurate and engaging. Her experience spans multiple areas, providing her with the knowledge to offer insightful contributions to various topics highlighted on the platform.
More articles
Anastasiia O. is an editor at MPost, where she focuses on reshaping content across a wide spectrum of topics. With an eye for detail and a genuine interest in storytelling, she helps ensure that the content is both accurate and engaging. Her experience spans multiple areas, providing her with the knowledge to offer insightful contributions to various topics highlighted on the platform.
