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Malaysian digital asset fund management company Halogen Capital completes $3.2 million financing, led by Kenanga Investment Bank

Summary: According to reports, Malaysian licensed digital asset fund management company Halogen Capital has completed a financing of 13.3 million Malaysian 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 investors include 500 Global, Digital ...

According to reports, Malaysian licensed digital asset fund management company Halogen Capital has completed a financing of 13.3 million Malaysian 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 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.

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