Kuala Lumpur, 29 September 2026 – Artificial intelligence is changing the operating economics of digital asset exchanges, but the claim that it is eliminating smaller operators needs careful qualification. Automated surveillance, customer service and trading infrastructure can lower the cost per transaction for a large platform. Smaller exchanges may be able to buy similar tools, yet they must spread licensing, security and compliance spending over a narrower revenue base.
The competitive pressure comes at a time of continued activity in Malaysia’s regulated market. The Securities Commission said trading value on regulated digital asset exchanges reached RM17.14 billion in 2025, up 23% from RM13.93 billion in 2024. That growth is a market-wide measure, not evidence that every operator is profitable or that consolidation has already occurred. Transaction volumes, fee schedules and customer mix determine how much revenue an exchange retains.
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