BlockBeats news, April 21, Malaysian digital asset trading platform Hata completed $8 million Series A financing, led by Bybit, with participation from several global family offices.

Reports indicate that Hata holds dual licenses from the Malaysian Securities Commission and the Labuan Financial Services Authority, allowing it to provide digital asset trading and custodial services locally. The funding will be used to enhance liquidity, expand the user base, and develop more products. (Cointelegraph)