Hata, a dual-licensed digital asset exchange in Malaysia, raised $4.2 million in seed funding led by Castle Island Ventures and Cadenza Ventures, to expand its digital asset offerings and user base across Asia. With regulatory oversight from the Securities Commission Malaysia and Labuan Financial Services Authority, Hata provides a secure platform for retail and institutional investors to trade assets in fiat currencies like MYR and USD. Founded by experienced tech and finance professionals, Hata aims to leverage its low trading fees and unique affiliate program to make digital asset trading accessible and engaging for the growing Malaysian market.
Hata, a Dual-licensed Digital Asset Exchange in Asia Raises $4.2 million to Make Digital Assets More Accessible
