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Hata Completes US$8 Million Series A Financing Led by Bybit
The round follows Hata's growth to 209,000 registered users and will fund liquidity, user growth and new digital asset products for Malaysians.
- On Tuesday, Malaysia's dual-licensed digital asset exchange Hata announced closing a USD 8 million Series A funding round led by Bybit, the world's second-largest cryptocurrency exchange by trading volume.
- Building on Bybit's earlier participation in Hata's USD 4.2 million seed round, the investment deepens strategic collaboration between the two companies beyond capital deployment.
- Operating under licenses from the Securities Commission Malaysia and the Labuan Financial Services Authority, Hata has established itself as Malaysia's fastest-growing digital asset exchange with more than 209,000 registered users.
- Hata will deploy proceeds to strengthen platform liquidity and accelerate user growth through marketing initiatives, while jointly developing innovative digital asset products tailored for Malaysians with Bybit.
- Bybit views Malaysia as strategically important, with Hata's 2025 performance—RM1.04 billion in transaction volume and assets under custody peaking at RM115 million—underscoring long-term market potential.
13 Articles
13 Articles
Hata Completes US$8 Million Series A Financing Led by Bybit - BlockTelegraph
KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — Hata, Malaysia’s only dual-licensed digital asset exchange, today announced the closing of a USD 8 million (approximately RM31.6 million) Series A funding round led by Bybit, the world’s second-largest cryptocurrency exchange by trading volume, alongside several prominent global family offices. The fundraise marks the beginning of a deep strategic collaboration between the two companies, one …
Bybit Leads $8M Series A for Malaysian Exchange Hata
The post Bybit Leads $8M Series A for Malaysian Exchange Hata appeared on BitcoinEthereumNews.com. James Ding Apr 20, 2026 22:17 Bybit backs Malaysia’s dual-licensed crypto exchange Hata with $8M Series A funding as Southeast Asian nation builds out digital asset regulations. Bybit has doubled down on its Southeast Asian expansion, leading an $8 million Series A round for Hata, a dual-licensed Malaysian crypto exchange. The investment follows …
Malaysia's digital asset exchange Hata secures $8M in Series A funding led by Bybit
Malaysia-based digital asset exchange Hata has raised $8 million in a Series A funding round led by cryptocurrency exchange Bybit, alongside several global family offices. In a release on Monday, Hata said the funding builds on Bybit’s earlier participation in Hata’s $4.2 million seed round and marks an expanded strategic relationship between the two companies. The collaboration is expected to focus on developing Malaysia’s digital asset ecosyst…
Bybit Funds Malaysia's Dual-Licensed Hata Crypto Platform
Bybit has led an $8 million Series A for Hata, a dual-licensed digital asset exchange operating in Malaysia, marking a notable push into Southeast Asia’s evolving crypto regulatory landscape. The round, which followed Bybit’s earlier $4.2 million seed investment, is aimed at boosting liquidity, expanding the user base, and developing additional digital asset products as Hata scales in the country. Hata operates under licenses from Malaysia’s Sec…
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