ICEx Crypto Exchange Launched, Base Capital Reaches Rp 1 Trillion

Indonesia Crypto Exchange (ICEx) was officially launched as a cryptocurrency exchange today, Thursday, 2 April 2026. ICEx, managed by PT Fortuna Integritas Mandiri, has obtained a licence from the Financial Services Authority (OJK) since 5 January 2026. As a cryptocurrency exchange operator, ICEx operates alongside International Crypto Custodian (ICC) and Crypto Asset Clearing International (CACI).

ICEx Group CEO Kai Pang stated that there are currently 11 digital financial asset traders (PAKD) who are members of the exchange as well as shareholders. “Our focus at the moment is to ensure that the onboarding process with the eleven PAKD in the first phase runs smoothly and successfully for all members, so that the ecosystem can function optimally,” said Kai during a press conference in Jakarta, Thursday, 2 April 2026.

Kai added that ICEx has also signed a memorandum of understanding with Danamu, the operator of the Upbit cryptocurrency exchange in South Korea. According to him, the cooperation aims to promote knowledge transfer so that Indonesia can develop into a crypto hub in Southeast Asia.

ICEx Chief Financial Officer Rizky Indraprasto added that from a financial perspective, ICEx has secured base capital of Rp 1.1 trillion. “This comes from funding in the form of contributions from our shareholders, which is a mix from conglomerates and also exchange members,” said Rizky.

Rizky stated that ICEx hopes to become Indonesia’s number one cryptocurrency exchange based on market share. As information, Indonesia currently has two cryptocurrency exchanges, namely ICEx and PT Bursa Komoditi Nusantara or CFX. To realise that aspiration, Rizky said ICEx will focus on efforts to become an agent of innovation in synthetic products such as derivatives or tokenisation of real world assets (RWA).

On the other hand, ICEx Chief Technology Officer Andrew Marchen said that 70 percent of Indonesian society’s digital asset transactions still occur on foreign cryptocurrency exchanges. Thus, Indonesia’s digital economic potential is still flowing abroad. “This is not only a challenge for us, but also a great opportunity for us to build a stronger, more trusted, and more inclusive ecosystem,” he said.