ICEx Officially Launched: A New Era for Indonesia's Institutional Crypto Infrastructure
Indonesia has officially strengthened its position in the global digital finance ecosystem through the launch of the Indonesia Crypto Exchange (ICEx) on Thursday, 2 April 2026. Held at the St. Regis Hotel in Jakarta, this institutional-standard crypto asset infrastructure platform aims to create a secure, transparent, and integrated trading ecosystem.
The launch marks a new chapter for the domestic crypto industry, as the ICEx Group has now obtained full approval from the Financial Services Authority (OJK). With initial capital of US$70 million, ICEx operates as part of a Self-Regulatory Organization (SRO) that oversees the exchange, clearing, and custody within a unified regulatory framework.
The presence of ICEx is supported by a strong legal foundation through a series of OJK Decisions. This structure is designed to separate supervisory functions, transaction settlements, and asset storage to mitigate operational risks.
In its operations, the ICEx Group collaborates with 11 leading Digital Financial Asset Organisers (PAKD) in Indonesia, which act as official exchange members. This collaboration includes major names in the industry.
CEO of ICEx Group, Kai Pang, emphasised that the choice of the name “Indonesia” asserts the strength of the domestic market. “Indonesia is building global-standard crypto asset trading infrastructure. ICEx is rooted in Indonesia but built with global ambitions,” he stated.
Echoing this, Andi Nirwoto, CEO of CACI, stressed that integrating clearing functions is crucial for market stability. Meanwhile, Septiyan Andika Isanta, CEO of ICC, assured that the storage infrastructure they manage prioritises regulatory compliance and international security standards to protect investors.
“We are very proud to support the ICEx exchange. This step enables the industry to continue innovating within a clear regulatory framework. We believe the number of crypto investors in Indonesia will continue to grow,” said Gabriel Rey, Founder and CEO of TRIV Group.
The presence of ICEx is expected to transform the national crypto landscape from one previously dominated by retail to being more accommodating for institutional investors. With a model developed by domestic industry players and directly supervised by OJK, Indonesia now has digital infrastructure sovereignty ready to compete at the ASEAN and global levels.
The launch event was attended by more than 350 invited guests and supported by various strategic partners from the banking sector such as Bank Mandiri, Bank BRI, and Bank INA, as well as technology giants like Google Cloud and Oracle Cloud.