Indonesia\u2019s digital asset industry is entering a more mature phase of\ndevelopment. After years driven by retail user growth and increasing\npublic awareness, the industry is moving towards a new chapter marked by\nrising institutional participation, a strengthening regulatory\nframework, and innovations connecting blockchain technology with the\nbroader financial system.<\/p>\n
Amid this transformation, FLOQ celebrated its first anniversary with\nan event titled The Genesis, a moment that not only reflected on the\ncompany\u2019s achievements during its first year but also marked the\nbeginning of the next growth phase for the company and Indonesia\u2019s\ndigital asset ecosystem.<\/p>\n
In less than a year since its launch, FLOQ has served more than 1.8\nmillion registered users, secured US$11.3 million in strategic funding,\nand expanded collaborations with various global and institutional\npartners.<\/p>\n
\u201cThe first year was a proving phase. Proving that we could build a\nplatform trusted by millions of users. Proving that growth can be\nachieved without sacrificing governance, compliance, and trust. But more\nimportantly, the first year provided the foundation for what we want to\nbuild going forward,\u201d said FLOQ Founder & CEO Yudhono Rawis, quoted\non Friday (26\/6).<\/p>\n
According to Yudhono, one of the biggest changes occurring in the\ndigital asset industry today is the shift in focus from mere adoption\ntowards integration. A few years ago, industry conversations still\ncentred on education and how to introduce digital assets to the\npublic.<\/p>\n
\u201cThe question is no longer whether digital assets will be part of the\nfuture. The question is how we build institutions, infrastructure, and\nan ecosystem capable of supporting that future responsibly,\u201d he\ncontinued.<\/p>\n
As an industry player also active in various ecosystem development\nforums, FLOQ sees that future industry growth will increasingly be\ndetermined by the ability of all stakeholders to build trust, drive\ninnovation, and create sustainable collaboration.<\/p>\n
As part of its next growth phase, FLOQ introduced a number of\nstrategic collaborations reflecting the direction of the global digital\nasset industry. One is a collaboration with Ripple to introduce Ripple\nUSD (RLUSD), an enterprise-grade stablecoin developed by Ripple, into\nthe Indonesian digital asset ecosystem.<\/p>\n
The presence of RLUSD reflects the growing importance of stablecoins\nas digital financial infrastructure bridging the efficiency of\nblockchain technology with real-world needs, including cross-border\npayments, liquidity management, and access to US dollar-based\nassets.<\/p>\n
FLOQ is also promoting collaboration with Ondo Finance, which\nrepresents one of the most significant trends in the industry today: the\ntokenisation of real-world assets. This development opens opportunities\nfor broader access to financial instruments previously available only to\ncertain segments.<\/p>\n
Throughout its first year, FLOQ strengthened collaborations with\nvarious ecosystem partners including Ripple, Ondo Finance, E-Cloud\nValley, Verihubs, and Adjust, supporting real-world asset tokenisation,\ncloud infrastructure, digital identity, security, analytics, and\nplatform scalability.<\/p>\n
\u201cCollaboration is not just about presenting logos at an event.\nCollaboration is about how various parties with different expertise can\nwork together to create greater value for users and the industry,\u201d said\nYudhono.<\/p>\n
The Genesis theme was chosen not to celebrate the end of a journey,\nbut to mark a beginning.<\/p>\n
If the first year was a phase of building foundations and gaining\nuser trust, then the next chapter is about how that foundation is used\nto create a greater impact for society, the industry, and the future of\nIndonesia\u2019s digital economy.<\/p>\n
\u201cUltimately, we do not just want to build a bigger company. We want\nto help build a stronger ecosystem. The Genesis is not a celebration of\nwhat we have achieved. It is the beginning of what we are building,\u201d he\nconcluded.<\/p>\n
Going forward, FLOQ will continue to focus on product development,\nexpanding strategic collaborations, enhancing user experience, and\ncontributing to the growth of a more mature, inclusive, and sustainable\nindustry.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/after-a-year-of-growth-digital-asset-platform-records-1-8-million-registered-users-1782442226", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }