Malaysian exchange Hata has raised $8 million in a Bybit-led Series A round, Cointelegraph reported. Hata holds licenses from both the Malaysian Securities Commission (SC) and the Labuan Financial Services Authority (LFSA). Global family offices participated in this round, which follows Bybit's earlier investment in Hata's $4.2 million seed round. Hata plans to use the investment to improve liquidity, expand its user base, and develop additional digital asset products.