BTSE Group launches cryptocurrency trading platform BTSE Indonesia in Indonesia

BTSE Group launched BTSE Indonesia through a joint venture with PT Aset Kripto Internal in Jakarta and upgraded the NVX brand. BTSE provides trading infrastructure and liquidity support, while the local Indonesian team is responsible for market promotion, business cooperation, sales, and user growth. BTSE Indonesia has been approved by the Indonesian Financial Services Authority (OJK) to operate as a regulated digital financial asset trading platform. From January to November 2024, the cryptocurrency trading volume in Indonesia reached 556.5 trillion Indonesian rupiah (approximately 31.2 billion US dollars), with 22.11 million registered cryptocurrency users as of November 2024.