Halogen Capital Secures 13.3M Ringgit Financing Led by Kenanga to Expand Real-World Asset Tokenization in Malaysia

Halogen Capital, a licensed digital asset fund management firm based in Malaysia, has closed a RM13.3 million (~$3.2 million USD) financing round led by Kenanga Investment Bank. Through its private equity division, Kenanga now holds a 14.9% stake, establishing itself as the largest institutional shareholder. Other participants include 500 Global, Digital Currency Group, The Hive Southeast Asia, Jelawang Capital, and Mythos Venture Partners, reflecting broad strategic backing for Halogen’s growth trajectory.

Proceeds will accelerate Halogen’s real-world asset tokenization initiative, expanding coverage to tokenized unit trusts, bonds, sukuk, private debt, and real estate assets. The capital deployment aligns with risk-aware growth and aims to broaden access to tokenized securities for traditional and digital asset investors, bolstering Halogen Capital’s offering in the evolving Malaysian and regional markets.