Jakarta - BTSE Group has opened BTSE Indonesia through a joint venture with PT Aset Kripto Internasional, announcing a locally licensed digital asset exchange built on BTSE’s global trading infrastructure. The launch follows the rebranding of NVX, an existing regulated digital asset platform in Indonesia, and establishes BTSE Indonesia as an approved market participant under the country’s financial regulator.
Under the joint venture arrangement, BTSE Group will deliver the technical backbone for the new exchange - including trading infrastructure, liquidity provisioning, and platform technology - while the Indonesian partner will lead market development, user acquisition, sales, marketing, and strategic local partnerships. The parties say this division of responsibilities pairs international exchange capabilities with domestic market knowledge.
BTSE Indonesia has been granted authorization by Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan, OJK) to operate as a regulated Digital Financial Assets and Crypto Assets Trading Operator (Pedagang Aset Keuangan Digital - PAKD). As one of the limited set of entities approved to facilitate crypto asset trading in the country, the exchange will operate within the regulatory framework set by Indonesian authorities, including compliance measures for customer asset protection and anti-money laundering rules.
The OJK license permits BTSE Indonesia to integrate with local banking partners and payments gateways, and to offer regulated digital financial products. Key capabilities highlighted by the joint venture include Indonesian Rupiah (IDR) deposit, withdrawal, and conversion services, plus IDR-denominated trading pairs designed to serve Indonesia’s growing crypto user base. The license also enables the exchange to broaden its product offering over time - including the potential rollout of futures and additional services - subject to applicable regulations and guidance from Indonesian authorities.
Jeff Mei, Chief Operating Officer of BTSE Group, described Indonesia as having the foundational elements to become a major crypto market in Asia, noting population and demand and pointing to the regulatory framework now in place. Mei emphasized that combining global infrastructure with local expertise is essential to capture the market opportunity.
Stephanie Kusnadi, Chief Strategy Officer of BTSE Indonesia, said the integration between the local team and BTSE’s global exchange platform represents a new chapter for digital assets in Indonesia. Kusnadi highlighted the platform’s aims to deliver a secure, competitive, and regulation-compliant trading environment for local users.
BTSE Indonesia will offer access to more than 200 digital assets with IDR and USDT trading pairs, according to the exchange. Prospective users can register for an account through the platform’s website at www.btse.id.
About BTSE Group
BTSE Group is described as a global blockchain technology company that operates across three core businesses: Exchange, Payments, and Infrastructure Development. The BTSE exchange supports over 350 cryptocurrencies and more than 100 perpetual futures contracts, with trading volume exceeding USD 30 billion per month. Its payments platform supports fiat and crypto pay-ins and pay-outs plus OTC services across more than 50 currencies. BTSE also provides enterprise solutions that enable businesses to white-label exchange infrastructure, wallets, payment gateways, and liquidity access.
About BTSE Indonesia
BTSE Indonesia is a licensed digital asset trading platform that combines BTSE’s global exchange technology with local regulatory compliance. Supervised by Indonesia’s Financial Services Authority (OJK) as a PAKD operator, the exchange emphasizes security, transparency, and financial education while providing access to 200+ digital assets with IDR and USDT trading pairs.
Contact
Ker Zheng
BTSE
[email protected]
Users and market participants will be able to assess the exchange’s offerings and compliance model through its public channels and the platform itself. The joint venture positions BTSE Indonesia to pursue product expansion within the boundaries set by Indonesian regulators and to operationalize local fiat rails that are frequently cited as essential for domestic market participation.