logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Hata Digital Sdn Bhd raised $4.2 million in a seed funding round led by Castle Island Ventures to expand into new products and acquire users in Asia.

Oct 21, 2024•about 1 year ago

Amount Raised

$4.2 Million

Round Type

seed

Kuala LumpurBlockchainFintechFinancial Services

Investors

Alliance.XyzPlug And Play Tech CenterAp CapitalBybitCadenza VentureCastle Island Ventures

Description

Hata Digital Sdn Bhd, a licensed digital asset exchange, secured US$4.2 million in seed funding to enhance its product offerings and user acquisition in the Asia region. The round saw participation from several notable investors, including Castle Island Ventures and Cadenza Venture.

Company Information

Company

Hata Digital Sdn Bhd

Location

Kuala Lumpur, Kuala Lumpur, Malaysia

About

Hata Digital Sdn Bhd is the fifth licensed digital asset exchange (DAX) in Malaysia. It aims to expand into new products and acquire users in the Asia region. The company focuses on empowering users to confidently navigate the digital asset market. With strong backing from institutional investors, Hata is committed to innovation in the digital finance sector.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers