Malaysian cryptocurrency exchange MX Global completes $1.6 million financing, led by Binance and Hachiman Technology

Chain Catcher news, Malaysian cryptocurrency exchange MX Global Sdn Bhd (MX Global) announced the completion of a $1.6 million funding round, led by Binance and MX Global's parent company Hachiman Technology.

It is reported that MX Global is a regulated cryptocurrency exchange that received approval from the Securities Commission of Malaysia (SC) in July 2021 and is one of the four compliant market operators - Digital Asset Exchanges (RMO-DAX) in Malaysia.

Previously, Chain Catcher reported in March this year that MX Global received strategic investments from Binance and digital business solutions provider Cuscapi, with specific financial details undisclosed. (Source link)