Indokripto Becomes First Crypto Exchange Listed on IDX

Indokripto, an Indonesian cryptocurrency exchange, has achieved a historic milestone by becoming the first crypto exchange in the country to go public. The company was officially listed under the ticker COIN on the Indonesia Stock Exchange (IDX), successfully completing its Initial Public Offering (IPO) on July 9, 2025. This event marks a significant development in the Indonesian financial market, as it is the first instance of a crypto exchange being listed on the IDX.

The IPO was approved by Indonesia’s Financial Services Authority (OJK) at a price of Rp100 per share. The listing of Indokripto on the IDX is anticipated to open the door for other crypto-related companies to follow suit, potentially leading to increased investment and innovation in the sector. This move also underscores the growing acceptance and integration of cryptocurrencies within the traditional financial ecosystem in Indonesia.

Indokripto's public listing comes at a time when the global cryptocurrency market is experiencing heightened interest and regulatory scrutiny. The company's decision to go public can be seen as a strategic move to enhance transparency, build investor confidence, and attract more institutional investors. By listing on the IDX, Indokripto aims to provide a regulated and secure platform for trading cryptocurrencies, aligning with the regulatory framework set by the OJK.

The successful IPO of Indokripto is a testament to the company's strong market position and the growing demand for cryptocurrency services in Indonesia. The listing is expected to bring in significant capital, which the company can use to expand its operations, improve its technology infrastructure, and explore new opportunities in the crypto space. The public listing also provides an opportunity for retail investors to participate in the crypto market through a regulated and transparent platform.

Indokripto’s public debut represents a breakthrough in regulatory confidence and investor interest in the country’s growing Web3 space. It follows a global trend of crypto platforms entering public markets. The listing allows both retail and institutional investors to directly invest in the future of Indonesia’s crypto economy through traditional financial markets. Indokripto’s public status will likely boost transparency, improve compliance, and attract partnerships with global firms.

With crypto adoption steadily increasing across Southeast Asia, Indokripto’s IPO could pave the way for other exchanges and Web3 startups in the region to consider similar paths. More eyes will now be on how the company performs and scales with this new capital. Regulators in Indonesia have taken a more proactive approach toward overseeing digital assets. The fact that Indokripto goes public under official compliance frameworks sets a strong precedent for the rest of the crypto industry in the country.

Analysts believe this IPO could ignite fresh interest from both domestic and international players. It also boosts investor confidence in an otherwise volatile sector by offering exposure to crypto through a regulated, publicly traded entity. The move signals growing mainstream acceptance and maturity in Indonesia’s digital asset market.