MANILA, Philippines–Sonny Estil formally signed a one-year contract with Barangay Ginebra weeks after emerging as a surprise first round pick in the PBA Rookie Draft. Estil was joined by his agent Danny Espiritu when he signed the deal before team manager Rayboy Rodriguez following the Gin Kings’ practice on Monday at Upper Deck Sports Center
Tag: news
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Finran Group launches Teiza, Malaysia’s first Layer 0 blockchain, a secure foundation for the National Digital agenda
Aims to accelerate Web3 innovation, position Malaysia as a global blockchain hub
The secure layer will power Malaysia’s digital economy with solutions for government and business
Finran Group, an institutional finance group with a digital venture capital arm and a digital finance advisory firm, has announced the launch of Teiza, which it claims is Malaysia’s first native Layer 0 blockchain infrastructure, via its wholly owned subsidiary, Finran X.
In a statement, the company noted that Teiza is designed as a foundational solution to accelerate innovation in the Web3 space and position Malaysia as a global blockchain innovation hub. This secure blockchain layer will underpin Malaysia’s digital economy by enabling the roll-out of next-generation blockchain solutions for government and business. These solutions will be immutable and interoperable, ensuring trust and transparency for all interactions and transactions.
Malaysia’s ambition to fast-track its digital economy in both the public and private sectors depends on the effective deployment of a Layer 0 protocol such as Teiza, which provides a safe, secure, and robust base for applications of national interest.
Teiza supports initiatives mentioned by prime minister Anwar Ibrahim during the launch of the 13th Malaysia Plan. As a fork of the globally proven Tycho Protocol—renowned for advanced blockchain solutions tailored for governments, enterprises, and individuals, Teiza’s reliability is already well established.
According to Finran, Teiza’s robustness will enable secure, interoperable ecosystems linking regulators, financial institutions, compliance providers, halal supply chains, and other permissioned entities into a seamless foundational architecture.
“Teiza Layer 0 will power Malaysia’s digital transformation by providing a secure, scalable, and efficient base for blockchain solutions. Our Layer 0 will enable interoperability across all Layer 1, 2 and 3 blockchains built upon it,” said Daler Fayziev, group chairman of Finran.
“This will create a safe point of interaction for government, private data, financial intermediation and other use cases such as halal traceability,” he added.
He further explained, “Teiza will provide the much-needed ‘ground layer’ for a wide range of use cases, including Islamic DeFi and smart contract governance. It delivers interoperability, scalability and security—the missing link required for blockchain projects in Malaysia to scale effectively. We are already in talks with several statutory and national agencies keen to explore ecosystem use cases.”
The launch aligns with recent statements by minister of digital Gobind Singh Deo at the Malaysian Blockchain Week 2025, where he said “Blockchain is more than just technology – it is an enabler of trust.”
Once adopted as Malaysia’s Layer 0, Teiza will accelerate the National Blockchain Policy, strengthening the country’s ability to transform sandboxed prototypes into market-ready, interoperable blockchain solutions and enabling Web3 scalability nationwide.
When further integrated with artificial intelligence and Web3 technologies, Teiza could unlock unprecedented opportunities in areas such as smart governance, decentralised finance, supply chain integrity, and secure data sharing.
Finran Group said Teiza will help grow Malaysia’s Web3 ecosystem into a significant economic driver, supporting the nation’s ambition to become a digital leader regionally and globally.
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