Malaysia's fifth licensed digital asset exchange, Hata, has completed a $4.20 million seed round financing, led by Castle Island Ventures and Cadenza Venture, with participation from Bybit, AP Capital, Plug and Play Tech Center, and the crypto accelerator Alliance.xyz. Hata plans to use the funds to expand new products and grow its user base in the Asia region.

According to Foresight News, Hata, the fifth licensed digital asset exchange in Malaysia, has completed a seed funding round of $4.20 million, led by Castle Island Ventures and Cadenza Venture, with participation from Bybit, AP Capital, Plug and Play Tech Center, and the crypto accelerator Alliance.xyz. Hata plans to use the funds to expand new products and grow its user base in the Asia region.

Hata completed a $4.20 million seed round financing, led by Castle Island Ventures and Cadenza Venture.