KUALA LUMPUR: Halogen Capital Sdn Bhd has completed its RM13.3mil funding round, with Kenanga Investment Bank Bhd
(Kenanga IB) emerging as the largest institutional shareholder, holding a 14.9% stake in the company.
In a filing with Bursa Malaysia, Halogen Capital said the funding, made through Kenanga IB’s wholly-owned subsidiary, Kenanga Private Equity Sdn Bhd, would support the company in advancing its Real-World Asset (RWA) tokenisation strategy.
This includes onshore unit trust funds, bonds, sukuk, private credit and real estate, creating broader access to investment opportunities that have traditionally been available primarily to institutional and high-net-worth investors.
The pioneer of the world’s first syariah-compliant cryptocurrency funds has grown its assets under management to around RM400mil as of last month. — Bernama
