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Reading: What Indokripto’s IPO Means for Indonesia’s Crypto Startups
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Blockchain

What Indokripto’s IPO Means for Indonesia’s Crypto Startups

Last updated: June 26, 2025 2:10 pm
Published: 8 months ago
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Bisnis.com, JAKARTA — The rapid adoption of crypto in 2024 marks a major shift in investor interest from traditional fintech to digital assets and decentralized finance, creating a more mature ecosystem for crypto startups to consider expansion strategies, including initial public offerings (IPOs).

Decentralized finance refers to a blockchain-based system that aims to eliminate intermediaries such as banks and traditional financial institutions. Cryptocurrencies remain the primary fuel of the DeFi ecosystem, although not all cryptocurrencies are used within DeFi applications.

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