ICEx Officially Operates as Integrated Crypto Infrastructure
Jakarta (ANTARA) - Indonesia Crypto Exchange (ICEx) has officially commenced operations as a Self-Regulatory Organisation (SRO) licensed by the Financial Services Authority (OJK) since 5 January 2026, becoming an integrated crypto infrastructure ecosystem in Indonesia that combines exchange, clearing, and custody functions within a single regulatory oversight framework.
CEO of ICEx Group, Kai Pang, stated that the presence of ICEx is part of Indonesia’s efforts to build a global-standard crypto asset infrastructure.
“This is not merely a domestic achievement. Indonesia is building a world-class crypto infrastructure in its own way,” said Kai Pang during the ICEx Grand Launching press conference at The St. Regis Jakarta on Thursday.
The three entities have obtained OJK licences and are supported by base capital of Rp1 trillion, sourced from 11 Digital Crypto Asset Traders (PAKD) who also serve as shareholders and exchange members.
Meanwhile, CTO of ICEx Group, Andrew Marchen, said that based on data from the Indonesia FinTech Association (Aftech), around 70 per cent of Indonesian society’s digital asset transactions still take place on foreign crypto exchanges.
“This means that most of our digital economic potential, liquidity, activity, and even innovation, is still flowing abroad,” he stated.
He added that integrating the three functions in ICEx does not add complexity but rather reduces fragmentation that has long been a challenge for the national crypto industry.
According to Andrew, the system is expected to form a more efficient, transparent, and trustworthy ecosystem for both the public and regulators.
CFO of ICEx Group, Rizky Indraprasto, emphasised that the company will not compromise on governance or integrity in pursuing the goal of becoming Indonesia’s largest crypto exchange and clearing house based on market share.
He mentioned that the focus will be on developing derivative products and tokenisation of real-world assets (RWA).
“The focus is on bringing synthetic products like derivatives with thicker order books and more variations. And also helping to accelerate the adoption of RWA tokenisation in Indonesia,” said Rizky.
With ICEx operating under OJK supervision, ICEx assesses that the national crypto industry will become more structured through an integrated ecosystem designed to strengthen consumer protection while opening opportunities for institutional investors to enter.