Luno, Halogen Capital and Kenanga Investors explore Ringgit — pegged stablecoin for tokenised fund settlement

EQS Newswire / 24/09/2026 / 05:45 CET/CEST KUALA LUMPUR, MALAYSIA — 1 Media OutReach Newswire — 24 September 2026 — Malaysia's leading digital asset exchange, Luno Malaysia Sdn. Bhd. ("Luno") today announced a strategic collaboration with Halogen Capital Sdn. Bhd. ("Halogen Capital") and Kenanga Investors Berhad ("Kenanga Investors") at LIDAC 2026 in Kuala Lumpur, to explore the use of a fully reserved, Ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds. 2 815243-IMAGE-Luno-Halogen-Capita.jpeg From left: Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer and Executive Director, Kenanga Investors Berhad; Hann Liew, Founder and CEO, Halogen Capital; and Scarlett Chai, Counter Manager (Malaysia), Luno at the announcement of the collaboration at Luno Institutional Digital Asset Conference (LIDAC) 2026. The collaboration brings together three entities licensed by the Securities Commission Malaysia (SC): Luno, a registered Recognised Market Operator (Digital Asset Exchange), as well as Halogen Capital and Kenanga Investors, both Capital Markets Services Licence (CMSL) holders operating tokenised funds and mandates. The initiati