Top Blockchain and Cryptocurrency Startups in Malaysia

Top Blockchain and Cryptocurrency Startups in Malaysia

june 05, 2023 14:25PM

Blockchain Startups Malaysia

Malaysia has emerged as a vibrant hub for technology startups with its dynamic entrepreneurial ecosystem and supportive government policies. Among the many tech niches gaining momentum in the country, the blockchain and cryptocurrency sectors stand out as one of the most promising and revolutionary areas of innovation. Blockchain technology's decentralised nature and the emergence of cryptocurrencies have captured the attention of entrepreneurs, investors, and enthusiasts worldwide.

In this article, we will explore some of Malaysia's top blockchain and cryptocurrency startups, which are making significant strides in reshaping industries, enhancing security, and fostering financial inclusion.

PerfectionGeeks: Revolutionising the World of Technology

PerfectionGeeks is a trailblazing blockchain and cryptocurrency startup based in Malaysia, spearheading innovation in the dynamic world of decentralised technologies. With a strong foundation of blockchain expertise and a team of skilled developers, the company has made significant strides in creating cutting-edge applications that harness the potential of blockchain and cryptocurrency solutions.

The startup's journey began with a shared passion for the transformative capabilities of blockchain technology and cryptocurrencies. Recognising the growing demand for blockchain-based solutions, PerfectionGeeks set out to drive digital transformation and revolutionise the financial landscape in Malaysia and beyond.

At the core of PerfectionGeeks' success lies a team of blockchain enthusiasts with a comprehensive understanding of distributed ledger technology, smart contracts, tokenization, and cryptocurrency integration. Their collective expertise and innovative approach enable the company to deliver tailor-made solutions that cater to the specific needs of businesses across various industries.

PerfectionGeeks takes pride in its ability to create bespoke blockchain applications that are secure, scalable, and user-friendly. The company's portfolio encompasses many blockchain-based projects, including decentralised finance (DeFi) platforms, non-fungible token (NFT) marketplaces, supply chain solutions, etc. By leveraging prominent blockchain platforms such as Ethereum, Hyperledger, and Binance Smart Chain, PerfectionGeeks ensures its clients receive cutting-edge, industry-standard solutions.

In addition to being a blockchain app development company in Malaysia, PerfectionGeeks offers comprehensive cryptocurrency integration services. The team assists businesses in incorporating cryptocurrencies into their existing platforms, enabling seamless transactions and opening doors to a new world of financial opportunities.

What sets PerfectionGeeks apart is its customer-centric approach, ensuring that every project is meticulously tailored to meet each client's unique requirements. The company emphasises understanding the client's business objectives and challenges to deliver solutions that align with their long-term strategies.

As a prominent Blockchain App development company, PerfectionGeeks is committed to upholding the highest security and compliance standards. The team adopts robust security protocols and follows industry best practises to safeguard the integrity and confidentiality of sensitive data and transactions within their blockchain applications.

PerfectionGeeks envisions a future where blockchain and cryptocurrency technologies play an increasingly pivotal role in transforming industries, enhancing security, and fostering financial inclusion. As the startup continues to push the boundaries of innovation, it aims to remain at the forefront of the blockchain revolution, shaping the landscape of the Malaysian technology industry and leaving a lasting impact on the global blockchain ecosystem.


Luno is a prominent global cryptocurrency exchange that originated in Malaysia and has since expanded its reach to multiple countries. Founded in 2013 by Marcus Swanepoel and Timothy Stranex, Luno has gained popularity for its user-friendly platform and commitment to regulatory compliance.

The exchange supports a range of popular cryptocurrencies, including Bitcoin, Ethereum, and Ripple, allowing users to trade efficiently. Luno's expansion into several Southeast Asian countries has contributed to the region's growing interest in cryptocurrencies, making it a crucial player in Malaysia's blockchain landscape.

Tokenize Xchange

Founded in 2018, Tokenize Xchange is a Malaysian-based cryptocurrency exchange that has rapidly gained traction in the local and regional markets. The platform offers cryptocurrencies and boasts high-security measures to protect users' assets.

Tokenize Xchange has earned the trust of traders and investors by providing a seamless user experience and adhering to stringent regulatory standards set by the Malaysian authorities. The platform's commitment to compliance has bolstered confidence in the legitimacy and safety of cryptocurrency trading in the country.


Blockchain Startups Malaysia

HelloGold, established in 2015, aims to democratise access to gold investments through its blockchain-powered platform. The startup allows users to buy, sell, and store physical gold, providing a secure and transparent alternative to traditional gold investment methods. Using blockchain technology, HelloGold ensures the provenance and authenticity of gold, giving investors peace of mind. The platform's inclusive approach has garnered significant attention in Malaysia, where gold holds cultural and financial significance.


LuxTag is a blockchain-based solution provider specialising in anti-counterfeiting and supply chain tracking. Founded in 2016, LuxTag uses blockchain technology to create secure, immutable records of assets such as luxury goods, artwork, and documents, helping to combat forgery and fraud. By leveraging the NEM blockchain, LuxTag provides a unique solution for businesses and individuals looking to protect their valuable assets and intellectual property.


PinkExc, founded in 2018, is Malaysia's first and only cryptocurrency exchange platform dedicated exclusively to the LGBTQ+ community. The startup aims to create a safe and inclusive space for LGBTQ+ individuals to participate in cryptocurrency trading without fear of discrimination or bias. PinkExc prioritises user privacy and security, making it a notable example of how blockchain technology can foster social inclusion and support underrepresented communities.


GoByte is a decentralised cryptocurrency and blockchain project facilitating secure and efficient digital payments. Founded in 2017, GoByte aims to streamline payments for businesses and individuals by leveraging blockchain technology. The platform's key offerings include GoByte Pay, a payment gateway, and GoByte PayCard, a cryptocurrency debit card enabling users to spend their digital assets in the real world. GoByte's emphasis on speed, low transaction fees, and merchant adoption has attracted a dedicated user base, contributing to its success in Malaysian crypto.


BlockLuxe is an innovative blockchain-based startup focused on revolutionising the luxury goods industry. Founded in 2019, BlockLuxe leverages blockchain technology to establish a decentralised marketplace for luxury products, ensuring authenticity, provenance, and transparency. By addressing the issue of counterfeit goods, BlockLuxe seeks to instill consumer confidence and revolutionise the luxury market in Malaysia and beyond.


As Malaysia continues to position itself as a leading technology hub in the region, the blockchain and cryptocurrency sectors are experiencing a surge in innovation and development. The startups mentioned above represent just a glimpse of Malaysia's diverse and dynamic blockchain technology landscape. These companies are disrupting traditional industries, fostering financial inclusion, promoting transparency, and pushing the boundaries of what's possible with blockchain technology.

With strong government support, a growing tech-savvy population, and an entrepreneurial spirit, Malaysia is poised to remain at the forefront of blockchain and cryptocurrency adoption in Southeast Asia. As these startups pioneer advancements in the industry, they contribute to the country's emergence as a global player in the rapidly evolving world of blockchain technology. The future looks promising for Malaysia's blockchain startups as they pave the way for a more decentralised and inclusive digital economy.

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