Just bought over @abstractchain ✳️ and as the new CEO, i want to let everyone know i won’t be vague on the plans and want to be direct.
Firstly, changing the name from Abstract to Concrete chain.
Lastly, TGE next week .
Follow me for more updates.
Just bought over @abstractchain ✳️ and as the new CEO, i want to let everyone know i won’t be vague on the plans and want to be direct.
Firstly, changing the name from Abstract to Concrete chain.
Lastly, TGE next week .
Follow me for more updates.
Today at LIDAC 2026, we signed an Intent to Collaborate (ItC) with @LunoGlobal and Kenanga Investors Berhad to explore UMYR, a Ringgit-pegged stablecoin issued by Luno Malaysia as an on-chain settlement instrument for tokenised money market funds.
As Malaysia’s early adopter of fund tokenisation, we often question how we can make institutional-scale financial settlements faster, yet highly secure.
Tokenised fund products already exist in Malaysia's market today. The next step would be an institutionally focused settlement layer under the Securities Commission Malaysia’s regulatory framework.
With this, we’ll look at how UMYR can be used to settle fund subscriptions and redemptions, as a step toward advancing Malaysia’s capital markets on-chain.
We are proud to take this step forward, alongside Luno Malaysia and Kenanga Investors Berhad.