AlphaMove, a Malaysian blockchain start-up, has entered into a strategic partnership with the Guangxi Research Department under the Nanning Provincial Government of China. Announced during the 3rd Forum on China-ASEAN Artificial Intelligence Cooperation, this collaboration aims to accelerate advancements in AI, blockchain, and smart city development.
The agreement outlines a long-term partnership to create a compliant and interoperable blockchain ecosystem enhanced by AI capabilities. AlphaMove and Guangxi Research Department will explore applications in asset pricing, risk management, and regulatory monitoring, focusing on tokenised real-world assets such as real estate and corporate equity. The partnership also plans to establish AI and blockchain research laboratories in Nanning and Kuala Lumpur, fostering cross-border innovation.
Kingsley Tan, CEO of AlphaMove, stated, “This partnership is a milestone in the collaboration between Malaysia and China in advancing high-tech economies. Together we are building the foundation for interoperable, compliant, and future-ready smart city solutions that will benefit communities across ASEAN.”
The collaboration highlights China’s leadership in smart city innovation and Malaysia’s contribution to ASEAN’s digital future. By merging China’s government-backed research with Malaysia’s entrepreneurial spirit, the partnership aims to drive transformative applications in healthcare, finance, and urban development, supporting a digitally interconnected ASEAN region.