Two important updates for Bybit in Malaysia.
1. Bybit has been removed from the Securities Commission Malaysia - Investor Alert List after constructive engagement and alignment with local regulatory expectations.
2. We also recently led funding into Hata, a dual-licensed crypto platform in Malaysia. We believe regulated local infrastructure matters for long-term industry growth and user trust.
Malaysia continues to be an important market for crypto adoption in the region. We will keep working with local partners, regulators, and the community to support responsible growth.
More to come.
We just closed our Series A. 🚀
US$8M raised, led by Bybit.
209k users and RM1B+ in transactions and counting
Next phase for @hataglobal@hatamalaysia : stronger platform, deeper liquidity, better user experience.
Grateful for the trust. Let’s keep building 💪🏼
Picture from @FintechNewsMy