TechFlow, December 15 — Halogen Capital, a licensed digital asset fund management company in Malaysia, has raised 13.3 million Malaysian ringgit (approximately $3.2 million), led by Kenanga Investment Bank.
Kenanga Investment Bank holds a 14.9% stake in Halogen Capital through its private equity division, 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 said the funds will be used to expand its real-world asset tokenization business, covering areas such as unit trust funds, bonds, sukuk, private credit, and real estate.
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