Malaysian crypto trading platform MX Global has closed a $1.6 million funding round led by Binance and Hachiman Technology

Malaysian crypto trading platform MX Global Sdn Bhd (MX Global) completed a $1.6 million funding round on October 1, according to VentureCap Insights data. Binance and MX Global parent Hachiman Technology led the investment. MX Global is a regulated crypto trading platform that was approved by the Securities Commission of Malaysia (SC) in July 2021 as one of four compliant market operators in Malaysia - the Digital Asset Exchange (RMO-DAX). On March 1, MX Global received a strategic investment from Binance and Cuscapi, a digital commerce solutions provider, for undisclosed financial reasons.