Maybank widens access to tokenised share class

It aims to help payment providers, platforms and brokers earn returns on idle Singapore dollar balances and manage cash on-chain

Maybank Asset Management Singapore is widening access to the tokenised share class of its Singapore dollar money market fund through Synthesys Network.

Singapore-headquartered tokenisation infrastructure provider Synthesys developed the network.

The share class of the Maybank Money Market Fund was announced in October 2025.

Maybank described it as the first Singapore dollar-denominated tokenised share class of a money market fund.

It aims to help payment providers, platforms and brokers earn returns on idle Singapore dollar balances and manage cash on-chain.

Synthesys Network connects regulated distributors to tokenised investment products through a single integration.

It reaches more than 80 distribution channels internationally, including banks, payment service providers, fintechs and other financial institutions.

Channels already integrated with the network can access the tokenised share class immediately.

Distribution will run through regulated intermediaries and remain subject to investor eligibility and applicable laws.

Additional channels are expected in the coming months.

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, he said.

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.

He said: 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.