Malaysian Crypto Platform Hata Hits 315% Growth in 2025
Hata, a Malaysian cryptocurrency platform, saw rapid growth in 2025. By the end of the year, it had attracted over 209,000 users across its two platforms. The company's expansion reflects a 315% increase compared to the previous year. The platform handled RM1.04 billion in transactions throughout 2025. Monthly fiat deposits averaged RM16.1 million, with a peak of RM28.7 million. Crypto deposits also remained strong, averaging 2.65 million units per month.
By September 2025, assets under custody reached RM115 million. The most actively traded tokens included XRP, Bitcoin, Ether, and Solana.
David Low, Hata's co-founder and CEO, linked the company's success to user trust and low fees. Meanwhile, Darien Ng, co-founder and chief strategy officer, credited local talent and supportive regulations for the platform's achievements.
A significant portion of Hata's users—83%—were millennials and Generation Z. Hata's 2025 performance highlights its growing influence in Malaysia's crypto market. With a young user base and rising transaction volumes, the platform has established itself as a key player. The company's focus on affordability and compliance appears to have driven its expansion.
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