Indonesia Launch Crypto Exchange (ICEx) marks a new chapter for the crypto industry in Indonesia. In the midst of increasing market interest, its presence is expected to strengthen a more structured and transparent ecosystem.
Quoted from report IDNFinancials (02/04/2026), ICEx is here with the ambition to become a center for national crypto activities while encouraging Indonesia as a strategic player in Southeast Asia.
Officially Operating, ICEx Has Large Permits and Support
ICEx was officially launched on Thursday (02/04/2026), as Self-Regulatory Organization (SRO) licensed. Even though it was only founded in early January, this exchange immediately received permission as a crypto asset exchange from the OJK.
ICEx has also been equipped with key infrastructure, starting from clearing by Crypto Asset Clearing International (CACI) to custodian from PT Kustodian Koin Indonesia (ICC), to ensure safe and efficient transactions.
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ICEx CEO, Kai Pang, said that currently there are 11 Domestic Crypto Asset Trader (PAKD) which is a shareholder and member of the stock exchange.
“We also have 11 PAKDs who are shareholders and members of the ICEX exchange in domestic Indonesia,” he said at a press conference grand launch.
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In terms of funding, ICEx has authorized capital of IDR 1 trillion. ICEx Group CFO, Rizky Indraprasto, said the funds came from a combination of conglomerate investors and stock exchange members.
“This comes from funding from our shareholders, which are a mix of conglomerates, and also members of our stock exchange,” he explained.
The shareholder structure reflects broad collaboration, involving various industry players such as Tokocrypto, Reku, and Upbit Indonesia. Previous reports also linked the involvement of Andi Syamsuddin Arsyad or Haji Isam in the establishment of ICEx.
Collaborating with Dunamu, ICEx Aims to Become Crypto Hub Southeast Asia
ICEx’s steps don’t stop at launch. This exchange immediately established strategic cooperation with Dunamu, Upbit operator, through the signing of an MoU in Indonesian Business ForumSouth Korea.
The President also attended the event PrabowoCoordinating Minister for the Economy Airlangga Hartarto, as well as representatives of KADIN and Danantara, indicated strong cross-sector support for the development of the national crypto industry.
Kai Pang emphasized that this collaboration is the first step to encourage Indonesia to become a crypto center in the Southeast Asia region.
“We signed an MoU with one of them crypto exchange largest in the world to explore how Indonesia can continue to develop so that it can become cryptohub for South East Asia,” he said.
On the other hand, ICEx is also preparing a long-term strategy to expand its product line. Rizky said that the company would focus on being an innovator in crypto derivative products as well tokenization real world assets or Real-World Assets (RWA).
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ICEx not only focuses on business, but also on education. Together with the Association Blockchain Indonesia (ABI), they are committed to increasing literacy so that crypto adoption is healthier and more sustainable.
With regulatory support, large capital and global partnerships, ICEx is in a strategic position to push Indonesia to become a crypto hub in Southeast Asia.
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