Hata Digital Sdn Bhd Completes US$4.2 Million Seed Round Financing, Led by Castle Island Ventures and Others

the regulated Malaysian digital asset exchange (DAX) Hata Digital Sdn Bhd announced the completion of a $4.2 million seed round of financing, led by Castle Island Ventures (Castle Island and Cadenza Venture), with participation from cryptocurrency exchange Bybit, Singapore diversified investment company AP Capital, US venture capital firm Plug and Play Tech Center, and cryptocurrency accelerator Alliance.xyz. The company previously raised a MYR 3 million pre-seed round of financing, with participation from 1337 Ventures and Raja Hamzah.