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DigiAsia Corp (FAAS) Soars 10.35% on Indodax Partnership
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jun 6, 2025 4:50 am ET1min read
DigiAsia Corp (FAAS) has surged 10.35% in pre-market trading on June 6, 2025, marking a significant rise in its stock price.
DigiAsia Corp has recently announced a strategic partnership with Indodax, Indonesia's largest cryptocurrency exchange. This collaboration aims to integrate licensed fiat fund transfer services directly into the Indodax platform, benefiting over 7 million users. The move is expected to enhance the user experience by providing seamless and secure fiat-to-crypto transactions, potentially driving increased adoption and usage of the platform.
This partnership is seen as a strategic move by
to expand its presence in the Southeast Asian market, particularly in Indonesia, which has a growing interest in cryptocurrencies. The integration of fiat fund transfer services is likely to attract more users to the Indodax platform, thereby increasing the demand for DigiAsia's services. This development is expected to have a positive impact on DigiAsia's stock price, as investors anticipate increased revenue and market share.
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