Maybank Asset Management brings Tokenised Singapore Dollar Money Market Fund into Synthesys Network
SINGAPORE, Oct. 1, 2026 /PRNewswire/ -- Maybank Asset Management Singapore ("MAMS") today announced that its tokenised share class of Maybank Money Market Fund, is now accessible through Synthesys Network, developed by Synthesys, a Singapore-headquartered tokenisation infrastructure provider, extending the fund's reach to regulated distribution channels globally.
The tokenised share class of Maybank Money Market Fund was initially announced last October, as the first Singapore Dollar-denominated tokenised share class of money market fund, to introduce new use-cases to service on-chain liquidity with a AAA-rated sovereign currency. The fund aims to turn idle balances into productive ones, and extend on-chain cash management solutions, benefitting payment providers, platforms and brokers transacting in Singapore Dollars.
Tokenised money market funds have emerged as tokenisation's breakout asset class, with assets under management more than doubling from an estimated US$4 billion in January 2025 to US$9 billion by December 2025. As the market develops, the next growth phase is non-US Dollar tokenised money market and government debt products, which is estimated to exceed US$1 billion, as treasurers and on-chain platforms pursue greater currency diversification.
Darien Poh, CEO, Synthesys said, "Tokenised yield initially started as a dollar story. As stablecoins and tokenised deposits move into multi-currency rails, the next stage is to introduce multi-currency assets for wider use-cases on-chain. With Synthesys Network enabling connectivity to global institutions, Maybank is introducing the ability on digital rails to diversify and hedge into Singapore Dollars."
Hisham Hamzah, CEO of Maybank Asset Management Group said, "Tokenisation has the potential to reshape how investment products are distributed and accessed across global markets by offering a more seamless client experience. The partnership with Synthesys reflects our ongoing commitment to innovation in Singapore's emerging digital asset ecosystem and supports the growing demand for investment-grade Singapore Dollar cash management solutions in digital markets."
Synthesys Network is a connectivity and operational layer linking regulated distribution channels to institutional-grade tokenised products through a single integration, today reaching over 80 distribution channels globally, spanning banks, payment service providers, fintechs and financial institutions, with already-integrated channels gaining immediate access. Distribution of the fund through Synthesys Network will run via regulated intermediaries, with additional channels in the coming months, open to eligible investors under applicable laws.
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About Maybank Asset Management Group
Maybank Asset Management Group Berhad (MAMG) is the asset management arm of Malayan Banking Berhad (Maybank). MAMG is one of the pioneers in the Malaysia asset management industry with a highly capable fund management team, averaging over 30 years of investment experience and expertise in ASEAN markets. It has presence across three ASEAN key markets namely, Malaysia, Singapore and Indonesia offering Asian-based investment solutions encompassing both conventional and Islamic assets. The portfolio management services cater to all types of investors, including corporate and institutions, high net-worth individuals and mass retail. MAMG has a strategic intent to enhance its investment capabilities with on-the-ground market intelligence and expertise as well as to expand its regional distribution capabilities to market products cross-border. MAMG's AUM stands at RM42.7 billion as at end August 2026. (maybank-am.com)
Disclaimer: This document does not constitute (1) an offer to buy or sell or a solicitation of an offer to buy or sell any security or financial instrument mentioned in this document and (2) any investment advice or recommendation. Investors should seek financial or any relevant professional advice regarding the suitability of investing in any securities or investments based on their own particular circumstances before making any investments and not on the basis of any recommendation in this document. A copy of the prospectus or offering document is available and may be obtained from Maybank Asset Management Singapore Pte Ltd and its appointed distributors or our website (www.maybank-am.com.sg). Investors should read the prospectus/offering document (including risk warnings) before deciding to invest. This advertisement has not been reviewed by the Monetary Authority of Singapore.
About Synthesys
Synthesys is a financial market infrastructure company for tokenized funds and securities. Its flagship product, Synthesys Network, is an issuer-agnostic connectivity layer that gives regulated distribution channels such as banks, payment providers, fintechs and brokerages access to institutional-grade tokenized products through a single integration, with compliance and investor eligibility enforced at the network layer. Network today carries tokenized funds, offering yields in over ten currencies to over 80+ distribution channels globally. Alongside Network, Synthesys' product suite enables traditional financial institutions to seamlessly build into the tokenized economy, including Synthesys Mint and Zodiac.
Learn more at synthesys.co.
Disclaimer: This communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or fund interest in any jurisdiction, nor investment, currency or hedging advice. Synthesys does not offer, sell or distribute securities. Products accessible via Synthesys Network are made available by regulated intermediaries acting within their own regulatory permissions, and availability is subject to investor eligibility and jurisdiction.
Contacts
Synthesys Media Team |
Maybank Asset Management Group Siti Zulaikha Shawaludin |
SOURCE Synthesys; Maybank Asset Management
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