When does news come out about FAAS

The news about DigiAsia Corp (FAAS) becoming a significant player in the cryptocurrency space through its partnership with Indodax and its $100 million Bitcoin treasury initiative came out on June 4, 2025. Here are the highlights:

1. **Partnership with Indodax**: DigiAsia has partnered with Indodax, Indonesia's largest cryptocurrency exchange, to provide licensed fiat fund transfer services. This partnership allows Indodax's over 7 million users to deposit and withdraw Indonesian Rupiah (IDR) in real-time through DigiAsia's platform. This integration is a significant step as it operates under a license from Bank Indonesia, ensuring compliance with national regulations.
2. **$100 Million Bitcoin Treasury Initiative**: DigiAsia has announced a strategic initiative to establish a $100 million Bitcoin treasury. This initiative is a bold move into digital asset diversification and represents a significant investment in the cryptocurrency space. The company plans to deploy this treasury through a secure, yield-generating structure utilizing licensed digital asset custodians and financial institutions.

These developments highlight DigiAsia's strategic moves to strengthen its position as a regulated fintech bridge between traditional finance and digital asset ecosystems, facilitating seamless transactions between fiat and cryptocurrency for exchanges, digital wallets, and decentralized platforms.