KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ -- Hata, Malaysia's only dual-licensed digital asset exchange, today announced the closing of a USD 8 million (approximately RM31.6 million) Series A funding round led by Bybit, the world's second-largest cryptocurrency exchange by trading volume, alongside several prominent global family offices. The fundraise 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 through a compliant and regulated platform. By combining Hata's local market leadership with Bybit's global strengths in technology and product innovation, we hope to accelerate the growth of Malaysia's digital asset and tokenised real world asset ecosystem." said Ben Zhou, Co-founder and CEO of Bybit.
The Series A round builds on Bybit's earlier participation in Hata's USD 4.2 million seed round, deepening a relationship that now extends into strategic collaboration. The round also saw participation from several global family offices with a strong focus on Southeast Asian technology and financial markets.
Hata will deploy the proceeds across three key areas on its platform, including strengthening its liquidity on its platform, accelerating user growth through its marketing and ecosystem initiatives and jointly developing innovative digital asset products tailored for Malaysians with Bybit.
"This partnership with Bybit marks a defining moment for Hata and for Malaysia's digital asset industry. Bybit's decision to lead this round and partner with us strategically is a strong validation of our belief that crypto should be built the right way, with proper licensing, rigorous 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 Low, 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 custody 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 robust security standards for users in Malaysia and globally.
Since its launch in May 2023 through the end of 2025, Hata has established itself as Malaysia's fastest-growing homegrown digital asset exchange, with more than 209,000 registered users. In 2025 alone, Hata processed RM1.04 billion in transaction volume, reflecting strong platform activity, while its assets under custody (AUC) have accumulated to RM86.3 million since launch to the end of 2025, peaking at RM115 million in September 2025 before broader market corrections.
Built 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 safe, compliant and affordable crypto trading across the region.
In 2025, Hata expanded its product suite with the launch of Staking, beginning with Solana (SOL), enabling users to earn rewards while contributing to blockchain network security. Together with its Auto-Invest (DCA) feature, Hata continues to introduce innovative tools that empower Malaysians and institutions to build sustainable, long-term digital wealth.
Visit hata.io to learn more.
About Bybit
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 suite of products including spot and derivatives trading, staking, copy trading, and institutional services. Renowned for its regulated custody, deep liquidity, and innovative product development, Bybit is committed to bridging the gap between traditional finance and decentralised finance across global markets.
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Hata Completes US$8 Million Series A Financing Led by Bybit
TORONTO, April 21, 2026 /PRNewswire/ -- Today, Lorex Technology announced the launch of the new X Series, a line of AI-powered security cameras and Network Video Recorders (NVRs) designed for professional security applications. The X Series combines high-performance video surveillance with AI-powered analytics, helping businesses not only capture critical evidence, but also gain insights to improve security, operations, and day-to-day decision-making.
As AI continues to reshape how businesses operate, security systems are evolving beyond basic monitoring. The X Series brings together reliable wired hardware, AI-powered analytics, and the new Lorex Connect app into a single, connected system that helps businesses monitor, manage, and respond in real time.
Built for both installers and business owners, the X Series is designed to be easy to deploy, scalable, and reliable in demanding environments. From retail stores and warehouses to gyms, convenience stores, and construction sites, it combines dependable performance with AI-driven capabilities to support and improve a wide range of business operations.
"At a time when businesses are facing more complex operational and security challenges, the X Series represents a shift from passive monitoring to intelligent protection," said Steve Hong, VP, Global Sales and Marketing at Lorex Technology. "We're enabling businesses not just to see incidents, but to understand, respond, and even prevent them."
X Series: Clear Visibility and Proactive Protection
The X Series delivers high-performance video surveillance designed for demanding environments. Combining crystal clear 4K video with proactive deterrence, it provides clear, reliable footage while helping businesses actively prevent incidents before they occur.
X Series: AI-Driven Security and Business Intelligence
Beyond video surveillance, the X Series uses AI to help businesses better understand and manage their environments. By analyzing activity in real time, it provides actionable insights that improve security, support faster response to incidents, and enhance day-to-day operations. From identifying people, vehicles, and behaviors such as loitering and line crossing to delivering insights through people counting and heat mapping, it enables a more proactive and informed approach to security and operations.
Lorex Connect: A Unified Platform for Control and Insight
At the center of the X Series is the Lorex Connect app, providing instant access to your system from anywhere. It enables businesses to monitor live and recorded footage, receive intelligent real-time alerts, and view multiple cameras at once, helping them stay connected, respond faster, and maintain control at all times.
X Series: A Comprehensive Lineup for Every Business Environment
X5 4K PoE Fixed Cameras (Bullet & Turret)
Delivers top-tier surveillance with the most advanced AI capabilities, built for environments where visibility, awareness, and prevention are critical. Featuring real-time 4K at 30 FPS and True AI Color Night Vision (AI-ISP), it provides smooth, clear video with enhanced detail, helping capture more accurate evidence at any time of day. Combined with Advanced Deterrence, including a built-in siren, white-light illumination, red and blue strobe lights, and 2-way talk, it not only records incidents but actively helps prevent them by drawing attention and discouraging unwanted activity in real time.
X3 4K Motorized Varifocal Cameras (Bullet & Turret)
Along with 4K video and Color Night Vision, the X3 delivers added flexibility through its motorized varifocal lens, allowing users to remotely adjust the field of view using its 4× optical zoom to capture detail at a distance without sacrificing image quality. With built-in white-light deterrence and audio capabilities, including two-way talk on bullet models and listen-in audio on turret models, it adds an extra layer of awareness and control.
X PTZ 4K Dome Camera with 30× Zoom
Equipped with 4K resolution and 30× optical zoom, it enables operators to monitor large areas and capture fine detail from a distance. With pan, tilt, and zoom capabilities, it supports active monitoring by allowing users to follow movement and respond to activity in real time. Built for wide-area coverage, it is ideal for environments where visibility and control across large spaces are critical.
X Series Network Video Recorders (NVRs)
Provide secure, centralized recording and system management across deployments of all sizes. Built to support advanced and evolving AI analytics, they enable smarter monitoring, improved awareness, and more informed decision-making for businesses. Available in 8, 16, and 32-channel configurations.
Together, the X Series combines reliable hardware with AI-powered intelligence, helping businesses move beyond monitoring to smarter, more proactive operations. Now available on pro.lorex.com.
About Lorex Technology
Lorex is a leading provider of smart security and monitoring solutions, with over 30 years of experience delivering reliable video surveillance across North America. Founded in Canada, Lorex offers a comprehensive ecosystem of solutions for both residential and commercial applications. Lorex for Business, its professional division, supports security installers, integrators, and business owners with scalable, professional-grade systems that combine proven reliability with intelligent features to enhance visibility, streamline operations, and support growing businesses.
To learn more, visit Lorex.com.
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Lorex for Business Launches X Series: AI-Powered Security for Modern Businesses
