Halogen Capital completes RM13.3million Funding Round, led by Kenanga and 500 Global

Halogen Capital Sdn Bhd, the country’s first and only licensed digital asset fund manager, has successfully completed a RM13.3 million (USD3.2 million) funding round, led by Kenanga Investment Bank Berhad, with participation from 500 Global and several prominent global and regional investors.

Following this investment, Kenanga now holds a 14.9% stake, making it Halogen Capital’s largest institutional shareholder — a strong vote of confidence in the future of regulated digital assets in Malaysia.

Why This Funding Round Matters?

RMJDT - The Ringgit-Backed Stablecoin — A New Milestone for Malaysia’s Digital Asset Future

Malaysia has just taken a bold step forward in the global digital economy.

His Royal Highness Tunku Ismail Ibni Sultan Ibrahim, the Regent of Johor, through Bullish Aim Sdn Bhd, officially launched RMJDT, a Ringgit-backed stablecoin issued on Zetrix, Malaysia’s national Layer-1 blockchain under the Malaysia Blockchain Infrastructure (MBI).

This marks one of the most significant blockchain developments Malaysia has ever seen — and here’s why it matters.

What Exactly Is RMJDT?