MyEG and Zetrix in MoU with HK’s MaiCapital to launch virtual asset fund

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MyEG and Zetrix in MoU with HK’s MaiCapital to launch virtual asset fund
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PETALING JAYA: Zetrix Foundation and MY E.G. Services Bhd (MyEG) have signed a memorandum of understanding (MoU) with MaiCapital Ltd, a licensed virtu...

From left: Lim, Wong and Dr Liu Zhiwei, chairman of GoFintech Innovation Ltd, a Hong Kong listed company which is a shareholder of MaiCapital.Zetrix Foundation and MY E.G. Services Bhd have signed a memorandum of understanding with MaiCapital Ltd, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund products.

The collaboration follows MyEG-developed Zetrix’s announcement of a strategic alliance with Web3Labs Hong Kong, a powerhouse in Web3 development and investment, alongside venture capital firm Summer Capital. Together, they aim to drive forward Hong Kong’s Web3 ambitions and position Zetrix as the preferred blockchain infrastructure for applications aligned with the Hong Kong government’s objectives, an initiative launched earlier this year.

MyEG managing director TS Wong said this partnership marks another milestone in integrating digital assets into mainstream finance.

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