VIRTUAL ECONOMY TECHNOLOGY SDN BHD
Awards and Recognition:
2025

Company details
CEO/Director’s Name
Goh Yuen Khai
Designation
CEO
Address
Level 1, Tower 3,
Avenue 7 Horizon 2 Bangsar South City,
Bangsar South, 59200 Kuala Lumpur
Level 1, Tower 3, Avenue 7 Horizon 2 Bangsar South City, Bangsar South, 59200 Kuala Lumpur
Website
Pioneering Blockchain and AI Innovation for Every Industry
Virtual Economy Technology Sdn Bhd (V Systems) is a leading technology company dedicated to advancing blockchain and AI adoption across industries. As a leading end-to-end solutions provider, V Systems specializes in blockchain infrastructure, Web3 applications, AI transformation, and ESG innovation — empowering enterprises to digitalize securely, sustainably, and efficiently.What sets V Systems apart is its ability to bridge technology and real-world applications. The company has led multiple landmark initiatives across Asia, including country’s first regulator-initiated bond tokenization pilot and a strategic partnership with the nation’s largest bank to revolutionize trade finance and digital asset management. Internationally, V Systems has delivered Hong Kong’s first regulator-approved tokenized bond, powered gold-backed assets for the city’s sole precious metals exchange, and supported stablecoin and purpose-bound money development for licensed financial institutions in Singapore.
Winning the SME100 Award is a recognition of V Systems’ relentless pursuit of innovation and excellence. It marks a milestone in the company’s journey to position Malaysia as a key innovation hub in the regional blockchain ecosystem. The award reinforces V Systems’ commitment to driving technological progress that creates lasting value for businesses and communities.
Innovation is embedded in V Systems’ DNA. The company fosters a culture of experimentation by continuously investing in R&D and empowering its team to push technological boundaries. From developing blockchain-powered digital voucher ecosystems to AI-driven platforms for financial institutions, V Systems demonstrates agility in turning complex ideas into market-ready solutions that redefine industry standards.
Sustainability and responsibility lie at the heart of V Systems’ mission. The company pioneered Asia’s first Web3 carbon credit reward program — the Green Assets Reward Program (GARP) — supported by major regional payment partners and witnessed by Hong Kong regulators and financial authorities. Beyond technology, V Systems actively collaborates with Malaysia Digital Economy Corporation (MDEC), MaTrade, and Tourism Malaysia to champion digital growth and cross-border partnerships that strengthen Malaysia’s position in the ASEAN innovation corridor.
With visionary leadership, global partnerships, and a steadfast commitment to ethical innovation, V Systems continues to shape the future of digital transformation — proudly representing Malaysia on the world stage.
