Hatten Land pivots from real estate to digital currencies, metaverse

Battered by a slump in retail and hospitality that has decimated business at its malls and hotels in Melaka, Hatten Land is pivoting from real estate development and seeking new sources of revenue in digital currencies and the metaverse.

While traders seem to be responding positively, the company will have to work harder to convince regulators, creditors and shareholders that its plan can work.