Malaysia’s Zetrix Raises Funds, Plans to List AI Unit on Nasdaq

Malaysian digital infrastructure firm Zetrix AI Bhd. secured $40 million in funding from the World Bank’s investment arm, marking a significant capital injection for its expansion plans. The company’s AI division is slated for a Nasdaq listing by the end of 2026, positioning it as Malaysia’s first major AI-focused entity on the U.S. exchange. Zetrix’s move reflects growing investor confidence in Southeast Asia’s tech sector, particularly in AI-driven digital infrastructure solutions. The funding will accelerate development of Zetrix’s blockchain and AI platforms, targeting enterprise and government clients globally. This strategic push aligns with Malaysia’s broader ambition to become a regional hub for advanced technologies like AI and quantum-ready infrastructure.