According to The Edge Malaysia, Hata Digital Sdn Bhd, the fifth licensed digital asset exchange in Malaysia, has successfully raised $4.20 million (18.07 million MYR) in seed funding, which will be used to expand new products and grow its user base in Asia. This round of financing was led by American venture capital firms Castle Island Ventures and Cadenza Venture, with participation from global cryptocurrency exchange Bybit, Singaporean investment firm AP Capital, American venture capital firm Plug and Play Tech Center, and the crypto accelerator Alliance.xyz.

According to Wu Shuo, as reported by The Edge Malaysia, Hata Digital Sdn Bhd, the fifth licensed digital asset exchange in Malaysia, has successfully raised $4.20 million (18.07 million MYR) in seed funding, which is planned to be used for expanding new products and growing its user base in Asia. This round of financing was led by American venture capital firms Castle Island Ventures and Cadenza Venture, with participation from global cryptocurrency exchange Bybit, Singapore investment firm AP Capital, American VC firm Plug and Play Tech Center, and crypto accelerator Alliance.xyz.

Malaysian digital asset exchange Hata completes $4.20 million seed round financing.