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Malaysian digital asset fund management company Halogen Capital completes $3.2 million funding round, led by Kenanga Investment Bank
Deep Tide TechFlow News, on December 15th, Malaysia-licensed digital asset fund management company Halogen Capital completed a financing of 13.3 million Ringgit (approximately $3.2 million), led by Kenanga Investment Bank.
Kenanga Investment Bank, through its private equity division, holds a 14.9% stake in Halogen Capital, becoming the largest institutional shareholder. Other participating investors include 500 Global, Digital Currency Group, The Hive Southeast Asia, Jelawang Capital, and Mythos Venture Partners.
The company stated that the funds will be used to expand its real-world asset tokenization business, covering areas such as unit trusts, bonds, Islamic bonds, private credit, and real estate.