FRAC Group, a real-world asset (RWA) infrastructure and enterprise technology group operating across Malaysia and Singapore has inked a strategic partnership agreement with Singapore-based SuprAI Pte Ltd to jointly develop, deploy and commercialise AI, automation and marketing-technology solutions for enterprises.
Under the partnership, Frac and the artificial intelligence (AI) outfit of SGX Mainboard-listed USP Group Ltd will initially deploy and test practical AI applications within USP Group’s operating businesses across Singapore, Malaysia and Indonesia before rolling out proven solutions to external enterprise clients across the Southeast Asian region.
The collaboration will be executed through a dedicated programme called the “SuprAI × FRAC AI Lab”.
Both parties will form a joint steering committee to oversee project priorities and execution with an initial 12-month programme roadmap scheduled to be adopted within 60 days.
Targeted workstreams span AI and automation tools for sales, customer service, inventory tracking, warranty administration and after-sales workflows alongside marketing technology for e-commerce, digital campaigns and lead generation.
The partners will also explore commercial use cases for Frac’s RWA intelligence and tokenisation infrastructure subject to applicable regulatory frameworks.
Entering Malaysia Book of Records
With roots going back to 1968 spanning marine outboard engine distribution, scientific and industrial instrumentation and calibration, air-quality solutions and healthcare, USP Group’s operating businesses offer real-world sales and after-sales environments to test whether each tool solves a practical operating problem.
Once validated internally, the solutions will be packaged for external commercialisation, starting with small and medium-sized enterprises (SMEs) in Singapore and Malaysia before expanding across ASEAN.
“We’ve spent the past few years building technology that enterprises can operate under their own brands,” commented Frac’s co-founder and CEO Japhet Lim Wei Jie.
“This partnership allows us to apply that engineering capability to a wider set of business problems, particularly through AI and automation.”
Added Lim: “Our starting point is practical. We want to develop tools within existing operations, measure what works on the ground and take proven solutions to other enterprises while continuing to grow RWA tokenisation as a core pillar of Frac’s technology business.”
At the same ceremony, Frac Group formally received its Malaysia Book of Records (MBR) certificate from the Malaysia Book of Records Team under the category “First RWA Tokenisation Company to Launch an IEO” – a national milestone for Malaysia’s real-world asset tokenisation sector.
The record follows Frac’s completion of an Initial Exchange Offering (IEO) on pitchIN under Malaysia’s recognised market operator (RMO) framework. The token crowdfunding closed in October 2025 by having raised RM1.54 mil.
The formal presentation comes as asset tokenisation gains regulatory traction in Malaysia following Bank Negara Malaysia’s (BNM) establishment of its Digital Asset Innovation Hub in June 2025 and its subsequent discussion paper examining practical tokenisation use cases and safeguards.
Founded in 2021, Frac develops white-label blockchain infrastructure that enables enterprises to tokenise and fractionalise real-world assets while retaining full control over their brand identity and customer relationships.
Its technology suite covers asset onboarding, initial asset offerings, secondary transaction systems, asset retirement workflows and enterprise compliance controls.
Awarded Malaysia Digital Status by the Malaysia Digital Economy Corporation (MDEC) in 2024 and named the sole recipient of the inaugural RM200,000 MasChain Developer Grant, Frac will continue advancing its core RWA tokenisation platform alongside its new enterprise AI pipeline with SuprAI. – Nov 11, 2026
