Malaysia's Hata crypto platform booms with 209,000 young investors in 2025

Malaysian crypto platform Hata saw rapid growth in 2025, driven by a surge in young investors. By the end of the year, the company had attracted over 209,000 users across its two platforms. Millennials and Generation Z accounted for 83% of its user base, highlighting strong appeal among younger traders. The platform's monthly fiat deposits climbed to RM16.1 million, a 315% increase compared to the previous year. Crypto deposits also remained steady, averaging 2.65 million units each month. By September 2025, assets under custody had peaked at RM115 million.

Throughout the year, Hata processed RM1.04 billion in transactions. The most actively traded tokens included XRP, Bitcoin, Ether, and Solana. Co-founder and CEO David Low credited the company's expansion to user trust and a focus on low fees. Meanwhile, Co-founder and Chief Strategy Officer Darien Ng emphasised the role of local talent and supportive regulations in Hata's success. Hata's growth in 2025 reflects a broader trend of rising crypto adoption among younger Malaysians. With transaction volumes exceeding RM1 billion and a user base nearing 210,000, the platform has established itself as a key player in the market. The company's emphasis on affordability and regulatory compliance appears to have strengthened its position.