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Indonesian crypto exchange Pintu bags funding from Pantera Capital and Coinbase
Pintu founder Jeth Soetoyo previously launched the stablecoin Rupiah Token.
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The acquisition comes after LinkAja raised more than USD 100 million in its Series B funding round.
Cryptocurrencies caught the attention of the Indonesian government as the daily transaction value reached USD 4.8 billion in February.
The VC plans to make more than 15 investments in the region.
The Indonesian decacorn continues to recruit in Singapore for its core data team.
The company is signaling a move into the Philippine market.
The company plans to enter East Timor's food delivery market in 2021.
We are open to that option and we are now preparing for it, said Bukalapak CEO Rachmat Kaimuddin.
They support early-stage startup in their quest to become sustainable businesses.
There are currently three platforms licensed by the country's Financial Services Authority.