12h ago

Bybit Leads $8m Funding Round In Malaysia Exchange Hata

@Bybit_Official has led an $8 million Series A funding round in Malaysian cryptocurrency exchange Hata, marking a deepening relationship between the two firms after Bybit previously participated in Hata's $4.2 million seed round.

The fresh capital is earmarked to boost liquidity, grow Hata's user base, and support the rollout of new digital asset products, according to the announcement.

Hata operates under dual licences in Malaysia, where the Securities Commission has been gradually expanding its list of approved digital asset exchanges. The country has positioned itself as one of Southeast Asia's more structured crypto markets, with a licensing framework that requires exchanges to meet strict compliance standards before serving retail investors.

The investment signals continued appetite among major crypto exchanges to back regulated platforms in emerging Southeast Asian markets, where retail participation in digital assets has been growing steadily.

Bybit Leads $8m Funding Round In Malaysia Exchange Hata

More Breaking News

M Is Trading At $4.19, Up 16.9% In 24 Hours And 150.3% Over The Past 30 Days, According To Coingecko Data. The Rally Has Pushed @Memecore_m To A Market Capitalisation Of $7.36 Billion And The Number 17 Spot On Coingecko'S Rankings, Just Days After The Token Hit A Fresh All-Time High Of $4.65 On April 18.Nigerian Web3 Startups Raised $43 Million In 2025, More Than Double The $20 Million Recorded The Previous Year, According To The Hashed Emergent Nigeria Web3 Landscape Report 2025. The Finance Sector Dominated, Accounting For 89% Of Total Funding At $38 Million — A Fivefold Increase Driven Largely By Stablecoin Payments, Cross-Border Transfers, And Fiat-To-Crypto Infrastructure Companies.Core Enters Bullish Mode As Price Surges Arkham Launches Decentralized Trading Platform On Solana Microstrategy Is Swimming In $Btc Profit This April...Binance And Upbit List Gpu-Backed Synthetic Dollar $Chip Machi Big Brother Goes Big On $Btc Again Tether Is Minting Billions Worth Of $Usdt On Ethereum Kelpdao Hacker Moves Massive Funds Amid Investigation Trump Fed Pick Warsh Vows Monetary Policy Independence Tim Cook To Step Down As Apple Names New Ceo M Is Trading At $4.19, Up 16.9% In 24 Hours And 150.3% Over The Past 30 Days, According To Coingecko Data. The Rally Has Pushed @Memecore_m To A Market Capitalisation Of $7.36 Billion And The Number 17 Spot On Coingecko'S Rankings, Just Days After The Token Hit A Fresh All-Time High Of $4.65 On April 18.Nigerian Web3 Startups Raised $43 Million In 2025, More Than Double The $20 Million Recorded The Previous Year, According To The Hashed Emergent Nigeria Web3 Landscape Report 2025. The Finance Sector Dominated, Accounting For 89% Of Total Funding At $38 Million — A Fivefold Increase Driven Largely By Stablecoin Payments, Cross-Border Transfers, And Fiat-To-Crypto Infrastructure Companies.Core Enters Bullish Mode As Price Surges Arkham Launches Decentralized Trading Platform On Solana Microstrategy Is Swimming In $Btc Profit This April...Binance And Upbit List Gpu-Backed Synthetic Dollar $Chip Machi Big Brother Goes Big On $Btc Again Tether Is Minting Billions Worth Of $Usdt On Ethereum Kelpdao Hacker Moves Massive Funds Amid Investigation Trump Fed Pick Warsh Vows Monetary Policy Independence Tim Cook To Step Down As Apple Names New Ceo

(Advertisement)

Author

BSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.