Just weeks after Malaysian authorities shut down a live-in commune for tech entrepreneurs in its $100 billion “ghost town,” a local crypto executive wants to take over the site.

Jeff Yew, head of Monochrome Asset Management, told Business Insider that he sees the former Network School campus at Forest City, Johor, as an opportunity to concentrate a crypto-entrepreneurial scene that he says remains “fragmented” across the region.

“Silicon Valley‘s for tech — why don’t we make Forest City a hub for AI and blockchain?” Yew, 32, said.

Yew said crypto companies and entrepreneurs remain scattered across Malaysia and Singapore, without a clear physical hub where they can cluster.

Forest City could fill…