Here’s Hata. They’re a digital asset exchange that makes trading crypto easier (and safer) for Malaysians. Now, they’ve just raised an $8M Series A! 

‍

Investor check. Cryptocurrency exchange Bybit led the round, while several global family offices joined in.

‍

🪙 Have a safe trade

Hata’s platform lets you easily buy, sell, and access digital assets using fiat currencies like USD or the Malaysian ringgit. 

Launched in 2023, Hata operates as a dual-licensed digital asset exchange. They hold regulatory approvals from the Securities Commission Malaysia and the Labuan Financial Services Authority. 

• They currently have more than 209K users. 
• Oh, and they’ve also processed $263M in transaction volume in 2025. 

‍

💲 What’s with the $$$? 

Hata will use the capital to strengthen platform liquidity and expand their user base. 

• They’ll also develop new digital asset products tailored for Malaysians in partnership with Bybit.

‍

Why Malaysia? According to Ben Zhou, co-founder and CEO of Bybit, Malaysia’s digitally engaged population signals strong long-term potential for digital asset adoption.