Indonesia based crypto exchange raised $6m in Series A funding led by Pantera, Intudo and Coinbase Ventures.
“For most Indonesians, the concept of investing and trading is new, because historically penetration in these categories have been so low,” he explained. “So what we’re seeing is also the opportunity to help Indonesians understand the concept of investing/trading and along the way leapfrog investments into other asset classes. What this means is that there is a large base of underserved first-time investors that demand a simple and intuitive trading platform where they are handheld from the start to finish and also educated on the fundamentals of investing/trading on top of that of crypto.”