Treasure Global Partners with iSynergy Group to Propel AI Cloud and Blockchain Infrastructure Growth in Southeast Asia
Treasure Global (NASDAQ: TGL) has signed a Memorandum of Understanding (MoU) with iSynergy Group Limited (ASX: IS3) to jointly develop and commercialize AI cloud infrastructure across Southeast Asia. The strategic partnership will focus on developing AI-powered cloud solutions for enterprises, SMEs, and public sector entities, leveraging advanced GPU technology.
The collaboration builds on TGL's March 2025 commitment to establish a sovereign-grade AI cloud platform in Malaysia, integrating with iSynergy's blockchain platforms including WYDE and Ledgers Lab. The partnership targets the global AI cloud infrastructure market, projected to exceed $60 billion by 2025, with a CAGR of 26.6% through 2034. The Asia-Pacific blockchain market is expected to grow from $4.5 billion in 2023 to over $35 billion by 2030.
Treasure Global (NASDAQ: TGL) ha firmato un Memorandum d'Intesa (MoU) con iSynergy Group Limited (ASX: IS3) per sviluppare e commercializzare congiuntamente infrastrutture cloud basate sull'IA nel Sud-est asiatico. La partnership strategica si concentrerà sulla creazione di soluzioni cloud potenziate dall'IA per imprese, PMI e enti pubblici, sfruttando tecnologie GPU avanzate.
La collaborazione si basa sull'impegno di TGL, preso a marzo 2025, di realizzare una piattaforma cloud IA di livello sovrano in Malesia, integrandola con le piattaforme blockchain di iSynergy, tra cui WYDE e Ledgers Lab. La partnership mira al mercato globale delle infrastrutture cloud IA, previsto superare i 60 miliardi di dollari entro il 2025, con un tasso di crescita annuo composto (CAGR) del 26,6% fino al 2034. Il mercato blockchain dell'Asia-Pacifico è stimato crescere da 4,5 miliardi di dollari nel 2023 a oltre 35 miliardi entro il 2030.
Treasure Global (NASDAQ: TGL) ha firmado un Memorando de Entendimiento (MoU) con iSynergy Group Limited (ASX: IS3) para desarrollar y comercializar conjuntamente infraestructura en la nube con inteligencia artificial en el Sudeste Asiático. La alianza estratégica se centrará en crear soluciones en la nube impulsadas por IA para empresas, pymes y entidades del sector público, aprovechando tecnología avanzada de GPU.
La colaboración se basa en el compromiso de TGL de marzo de 2025 para establecer una plataforma de nube IA de grado soberano en Malasia, integrándola con las plataformas blockchain de iSynergy, incluyendo WYDE y Ledgers Lab. La asociación apunta al mercado global de infraestructura en la nube IA, proyectado a superar los 60 mil millones de dólares para 2025, con una tasa anual compuesta (CAGR) del 26,6% hasta 2034. Se espera que el mercado blockchain de Asia-Pacífico crezca de 4.5 mil millones de dólares en 2023 a más de 35 mil millones para 2030.
Treasure Global (NASDAQ: TGL)은 iSynergy Group Limited (ASX: IS3)와 동남아시아 전역에서 AI 클라우드 인프라를 공동 개발하고 상용화하기 위한 양해각서(MoU)를 체결했습니다. 이 전략적 파트너십은 첨단 GPU 기술을 활용하여 기업, 중소기업 및 공공 부문을 위한 AI 기반 클라우드 솔루션 개발에 중점을 둘 예정입니다.
이번 협력은 2025년 3월 TGL이 말레이시아에 주권 등급의 AI 클라우드 플랫폼을 구축하겠다는 약속을 바탕으로 하며, iSynergy의 블록체인 플랫폼인 WYDE 및 Ledgers Lab과 통합됩니다. 이 파트너십은 2025년까지 600억 달러를 초과할 것으로 예상되는 글로벌 AI 클라우드 인프라 시장을 목표로 하며, 2034년까지 연평균 성장률(CAGR) 26.6%를 기록할 것으로 전망됩니다. 아시아 태평양 블록체인 시장은 2023년 45억 달러에서 2030년까지 350억 달러 이상으로 성장할 것으로 예상됩니다.
Treasure Global (NASDAQ : TGL) a signé un protocole d'accord (MoU) avec iSynergy Group Limited (ASX : IS3) pour développer et commercialiser conjointement des infrastructures cloud basées sur l'IA en Asie du Sud-Est. Ce partenariat stratégique se concentrera sur le développement de solutions cloud alimentées par l'IA pour les entreprises, les PME et les entités du secteur public, en exploitant une technologie GPU avancée.
Cette collaboration s'appuie sur l'engagement pris par TGL en mars 2025 d'établir une plateforme cloud IA de niveau souverain en Malaisie, intégrée aux plateformes blockchain d'iSynergy, notamment WYDE et Ledgers Lab. Le partenariat vise le marché mondial des infrastructures cloud IA, dont la valeur devrait dépasser 60 milliards de dollars d'ici 2025, avec un taux de croissance annuel composé (CAGR) de 26,6 % jusqu'en 2034. Le marché blockchain en Asie-Pacifique devrait passer de 4,5 milliards de dollars en 2023 à plus de 35 milliards d'ici 2030.
Treasure Global (NASDAQ: TGL) hat eine Absichtserklärung (MoU) mit iSynergy Group Limited (ASX: IS3) unterzeichnet, um gemeinsam KI-Cloud-Infrastrukturen in Südostasien zu entwickeln und zu vermarkten. Die strategische Partnerschaft konzentriert sich auf die Entwicklung KI-gestützter Cloud-Lösungen für Unternehmen, KMU und öffentliche Einrichtungen unter Nutzung fortschrittlicher GPU-Technologie.
Die Zusammenarbeit baut auf TGLs Verpflichtung im März 2025 auf, eine souveräne KI-Cloud-Plattform in Malaysia zu errichten, die in iSynergys Blockchain-Plattformen wie WYDE und Ledgers Lab integriert wird. Die Partnerschaft zielt auf den globalen Markt für KI-Cloud-Infrastrukturen ab, der bis 2025 voraussichtlich 60 Milliarden US-Dollar übersteigen wird, mit einer jährlichen Wachstumsrate (CAGR) von 26,6 % bis 2034. Der Blockchain-Markt im asiatisch-pazifischen Raum wird voraussichtlich von 4,5 Milliarden US-Dollar im Jahr 2023 auf über 35 Milliarden US-Dollar bis 2030 wachsen.
- Strategic partnership to develop AI cloud infrastructure in high-growth Southeast Asian market
- Integration with iSynergy's established blockchain platforms WYDE and Ledgers Lab
- Targeting rapidly growing market with AI cloud infrastructure projected to reach $60B by 2025
- Expansion potential across multiple sectors including commerce, finance, and government
- Partnership currently at MoU stage, pending definitive agreements
- Faces competition in rapidly evolving AI and blockchain markets
- Success dependent on effective integration of complex AI and blockchain technologies
Insights
TGL's strategic partnership with iSynergy creates significant potential for expansion in Southeast Asia's high-growth AI cloud and blockchain markets.
This strategic MoU between Treasure Global and iSynergy represents a calculated positioning in two rapidly converging high-growth markets: AI cloud infrastructure and blockchain technology. The partnership's focus on sovereign-grade AI infrastructure is particularly noteworthy as it addresses growing regional demands for locally-controlled digital capabilities amid increasing data sovereignty concerns.
The collaboration creates a complementary technology stack by combining TGL's AI cloud platform aspirations with iSynergy's established blockchain ecosystem, including their WYDE platform and Ledgers Lab advisory division. This integration opens multiple revenue pathways through GPU procurement, infrastructure development, and enterprise solution deployment across Malaysia initially, with planned expansion throughout Southeast Asia.
Market timing appears strategic, with the global AI cloud infrastructure market projected to exceed
What differentiates this arrangement is its comprehensive scope—spanning hardware procurement, platform development, and go-to-market strategy—rather than merely being a technology licensing agreement. However, as this remains at the MoU stage, concrete implementation timelines, capital requirements, and revenue projections remain undefined, making actual economic impact difficult to quantify precisely at this stage.
Strategic Alliance to Accelerate Enterprise Adoption of AI-Powered Cloud and Blockchain Solutions Across Southeast Asia
KUALA LUMPUR, Malaysia, July 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), today announced the signing of a Memorandum of Understanding (MoU) with iSynergy Group Limited (ASX: IS3) (“iSynergy”), a Malaysian-headquartered technology company listed on the Australian Securities Exchange. This MoU establishes the framework for a strategic partnership to jointly develop and commercialize cutting-edge AI cloud infrastructure across Southeast Asia.
Through this strategic collaboration, Treasure Global and iSynergy plan to explore the sale and acquisition of advanced AI-driven graphics processing units (GPUs), which will serve as the foundational technology for the AI cloud infrastructure the two companies aim to co-create—initially in Malaysia, with plans to expand across Southeast Asia.
The partnership is designed to co-develop robust AI-powered cloud solutions tailored for enterprises, SMEs, and public sector entities. It will also explore joint go-to-market strategies, technical integration with iSynergy’s blockchain platforms, and initiatives to accelerate AI adoption across commerce, finance, and government-linked sectors.
This agreement builds on Treasure Global's commitment, announced in March 2025, to establish a sovereign-grade AI cloud platform in Malaysia. By leveraging iSynergy’s blockchain expertise and technological capabilities, Treasure Global seeks to accelerate and streamline enterprise onboarding, expand infrastructure accessibility across Southeast Asia, and drive widespread adoption of both AI and blockchain technologies.
“This MoU marks a pivotal milestone in Treasure Global’s mission to spearhead the next wave of digital innovation in Southeast Asia,” said Carlson Thow, Chief Executive Officer of Treasure Global Inc. “Together with iSynergy, we are laying the foundation for sovereign-grade AI cloud infrastructure—powered by next-generation GPU technology and seamlessly integrated with blockchain capabilities.”
iSynergy’s platforms, including WYDE, a blockchain-powered gig economy and shopper rewards ecosystem, and Ledgers Lab, a technology advisory division focused on blockchain adoption and grant facilitation, will support the integration of Treasure Global’s AI cloud infrastructure across key commercial verticals.
According to Precedence Research, the global AI cloud infrastructure market is forecasted to exceed USD 60 billion by 2025, with a compound annual growth rate (CAGR) of
Moreover, blockchain technology is gaining momentum in enterprise applications, with the Asia-Pacific blockchain market projected to grow from USD 4.5 billion in 2023 to over USD 35 billion by 2030, according to Grand View Research. iSynergy’s unique position at the intersection of blockchain, e-commerce, and the gig economy positions the partnership to accelerate AI-driven transformation across these high-growth sectors.
This MoU marks the first step in a broader collaboration between Treasure Global and iSynergy, with further joint initiatives to be explored and announced in due course.
About Treasure Global:
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of March 2025, ZCITY has attracted over 2.9 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
Visit https://treasureglobal.org for more information.
About iSynergy Group
iSynergy Group Limited (ASX: IS3) is a Malaysia-based digital commerce and blockchain solutions provider. Through its platforms WYDE and Ledgers Lab, the company empowers gig workers, shoppers, and businesses with innovative tools in digital engagement, blockchain rewards, and technology consulting. iSynergy is committed to enabling growth while generating positive social and environmental impact.
For more information, please visit: https://www.i-synergygroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.
Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
CONTACT
Investor and media contact:
Oliya Pang
PR & Communications Manager
Treasure Global Inc.
ir_us@treasureglobal.org
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