Malaysian technology group Zetrix AI Bhd is accelerating its international expansion with a strategic focus on the Philippines and a planned listing on the Nasdaq stock exchange.
The company, which has been developing artificial intelligence solutions for government and corporate clients, is leveraging its recent win to provide the underlying Layer-1 protocol for the Philippines' national public blockchain infrastructure to justify a move to a US-based public market.
The deal in the Philippines represents a significant step beyond Zetrix's domestic operations in Malaysia, where it has previously built AI digital doubles for political figures, including Prime Minister Anwar Ibrahim.
By securing a foundational role in the Philippines' digital infrastructure, Zetrix is positioning itself as a regional leader in sovereign blockchain technology, a sector that is attracting increasing interest from governments seeking to modernize public services and enhance data security.
The announcement of a Nasdaq listing plan suggests that Zetrix is preparing for a substantial capital raise to fund its growth ambitions.
A US listing would provide the company with greater access to global liquidity and visibility among international investors, potentially valuing the firm at a premium compared to its current private or local market status.