RATE Group | Tokocrypto secures investment from Binance – Inforial
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Tokocrypto secures investment from Binance – Inforial

13 May Tokocrypto secures investment from Binance – Inforial

Posted at 08:37h in Cryptocurrency News by

Tokocrypto, the leading regulated cryptocurrency exchange in Indonesia, has secured an investment from Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users.

The funding will be used to accelerate the growth of Tokocrypto’s business, including new products and services, technology enhancements, nationwide expansion and new initiatives for blockchain education in the region.

Tokocrypto co-founder and CEO Pang Xue Kai applauded Binance’s investment, expressing hope that it would help establish the company’s services in the domestic market.

“This investment in Tokocrypto serves to validate Indonesia’s promising blockchain ecosystem, showcasing the confidence from a leading global player,” he said.

“The investment from Binance will help establish Tokocrypto’s leading services in the Indonesian market and accelerate our vision in bringing an open financial ecosystem through blockchain…

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