Luno widens access to crypto sphere with 29 new digital assets

 Malaysia’s leading digital asset exchange now has 51 crypto assets approved by the Securities Commission across various categories.

Luno, the country’s leading digital asset exchange, now has over 50 crypto assets approved by the Securities Commission Malaysia.

PETALING JAYA:

 Malaysia’s leading digital asset exchange, Luno, now has over 50 crypto assets following the approval of 29 new digital assets by the Securities Commission Malaysia (SC).

The 29 new assets mark the addition of its largest-ever batch of digital coins to its ecosystem, giving Malaysians access to a grand total of 51 crypto assets on the platform.

Luno said its newly-approved assets stretch across eight categories, from gaming to non-fungible tokens and real world assets (RWAs), allowing investors greater diversification in the crypto market.

It also gives Malaysians early, yet regulated, access to high-growth digital asset sectors globally, particularly categories like AI x Crypto and RWA.

The newly added assets include Tron, Celestia, Injective, SEI, Sonic, Starknet, SUI, Toncoin, and Berachain for Layer 1; Arbitrum, Immutable X, Loopring, and Optimism for Layer 2; and Ankr, Ethereum Name Service, LayerZero, Lido Dao, Jupiter, and Pyth Network for DeFi.

The other coins include Artificial Superintelligence Alliance, Bittensor, Render, and Virtuals Protocol under the AI x Crypto category; Axie Infinity and The Sandbox for gaming assets; Ape Coin for NFT; Ondo Finance and Pax Gold for RWA; and Helium for DePIN.

“All listed assets have passed Luno’s rigorous screening process, evaluating technical, regulatory, and legal criteria, and received full SC approval before becoming available to investors.

“Each new crypto is also supported by Luno Discover, the platform’s freely accessible and unbiased education portal, helping customers make informed, responsible investment decisions,” it said in a press release.

Luno’s deputy country manager, Jeroni Khoo, said this marked the single largest crypto asset launch in the platform’s history, reflecting its commitment to the SC’s regulatory framework and to giving Malaysians access to the best in the crypto sphere.

“With 51 crypto assets now listed on our platform, the most of any regulated digital asset exchange in the country, investors can build more diversified portfolios than ever before while benefitting from the security and compliance standards that Luno upholds.

“This is what responsible expansion of the digital asset landscape looks like,” Khoo said.

Used by over one million Malaysians, Luno is the only digital asset exchange with conventional and shariah-compliant offerings.

It is available in over 40 countries across Asia-Pacific, Africa and Europe. - FMT