Hata has raised a US$8 million (about RM31.6 million) Series A funding round led by Bybit, together with several global family offices, on April 20, 2026. The round also follows Bybit’s earlier participation in Hata’s US$4.2 million seed funding.
Bybit co-founder and CEO Ben Zhou said the partnership aims to combine Hata’s local market strength with Bybit’s global expertise in technology and product innovation to grow Malaysia’s digital asset and tokenised real-world asset ecosystem.
Hata said the new funding will be used to improve liquidity on its platform, expand its user base through marketing and ecosystem initiatives, and co-develop digital asset products tailored for Malaysian users with Bybit.
Hata co-founder and CEO David Low said the collaboration will strengthen its local platform while leveraging Bybit’s global capabilities to expand opportunities for users in Malaysia.
The funding round also included participation from global family offices focused on Southeast Asia’s technology and financial markets.
Hata is a dual-licensed digital asset exchange regulated by the Securities Commission Malaysia and the Labuan Financial Services Authority. It competes with other local exchanges including Luno, MX Global and SINEGY.
