KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — Hatta, Malaysia’s only licensed digital asset exchange, today announced the closing of a US$8 million (~RM31.6 million) Series A funding round led by ByBit, the world’s second-largest cryptocurrency exchange by trading volume, along with several prominent global family offices. The fundraising marks the beginning of a deep strategic collaboration between the two companies, one that goes beyond capital and signals a shared commitment to growing Malaysia’s digital asset ecosystem responsibly and at scale.
“Malaysia is a strategically important market for Bybit, with one of the most digitally engaged populations in Southeast Asia and strong long-term potential for digital asset adoption. We see Hata as the right partner to help serve Malaysian investors with a compliant and regulated platform. By combining Hata’s leadership in the local market with Bybit’s global strengths in technology and product innovation, we hope to accelerate the growth of digital assets in Malaysia and the real-world real assets ecosystem.” said Ben Zhou, co-founder and CEO of Bybit.
The Series A round builds on Bybit’s previous participation in Hata’s $4.2 million seed round, deepening a relationship that now extends to a strategic collaboration. The round also saw participation from several global family offices with a strong focus on technology and financial markets in Southeast Asia.
Hata will spread the proceeds across three key areas on its platform, including enhancing its on-platform liquidity, accelerating user growth through its marketing and ecosystem initiatives, and co-developing innovative digital asset products tailored for Malaysians with Bybit.
“This partnership with Bybit represents a defining moment for Hata and for the digital asset industry in Malaysia. Bybit’s decision to lead this round and partner with us strategically is a strong affirmation of our belief that cryptocurrencies must be built the right way, with proper licensing, strict compliance, and an unwavering commitment to investor protection. Together, we will combine Hata’s regulated local platform with Bybit’s global expertise in technology and product innovation to expand what is possible for Malaysian users.” says David Lo, CEO of Hata.
For more information about Hata and its latest developments, visit the official Hata page to be part of Malaysia’s journey into the evolving world of digital assets.
About Hata
Hata is Malaysia’s leading dual-licensed digital asset exchange, providing a secure, compliant and accessible platform for investors to buy, sell and hold digital assets. Founded by Malaysians, Hata operates under licenses from the Securities Commission Malaysia (SC) and the Labuan Financial Services Authority (LFSA), ensuring full regulatory compliance and strong security standards for users in Malaysia and globally.
From its launch in May 2023 until the end of 2025, Hata has established itself as the fastest growing local digital asset exchange in Malaysia, with over 209,000 registered users. In 2025 alone, Hata processed RM1.04 billion of transaction volume, reflecting strong platform activity, while its assets under custody (AUC) accumulated to RM86.3 million from its launch until the end of 2025, peaking at RM115 million in September 2025 before broader market corrections.
Building on the principles of trust, transparency and technology, Hata is committed to setting new standards in Malaysia’s digital asset ecosystem while expanding access to secure, compliant and affordable cryptocurrency trading across the region.
In 2025, Hata expanded its product portfolio by launching Stake, starting with Solana (SOL), allowing users to earn rewards while contributing to the security of the blockchain network. Along with DCA, Hata continues to offer innovative tools that enable Malaysians and institutions to build long-term, sustainable digital wealth.
Visit hata.io To learn more.
About Paybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit offers a comprehensive range of products including spot trading, derivatives, staking, copy trading, and institutional services. Known for its regulated custody, deep liquidity, and innovative product development, Bybit is committed to bridging the gap between traditional finance and decentralized finance across global markets.
Disclaimer: This is a sponsored press release and is for informational purposes only. They do not reflect the opinions of Crypto Daily, and are not intended to be used as legal, tax, investment, or financial advice.
