Hata Completes US$8 Million Series A Financing Led by Bybit

Hata, Malaysia’s only dual-licensed digital asset exchange, has announced the successful close of its USD 8 million (approximately RM31.6 million) Series A funding round, led by Bybit, alongside several prominent global family offices. The investment marks the start of a deeper strategic collaboration aimed at supporting the responsible growth of Malaysia’s digital asset ecosystem

The Series A round builds on Bybit’s earlier participation in Hata’s USD 4.2 million seed round and reflects continued confidence in Hata’s growth trajectory and regulated market position.

Hata funding

Through this partnership, Hata will combine its local market leadership with Bybit’s global strengths in technology and product innovation to better serve Malaysian users.

Proceeds from the fundraise will be used to strengthen platform liquidity, accelerate user growth through marketing and ecosystem initiatives, and jointly develop innovative digital asset products tailored for the Malaysian market.

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