Following OJK Approval, CFX’s Holding Company Ready for IPO

PT Indokripto Koin Semesta Tbk (COIN) has officially received an effective statement from the Financial Services Authority (OJK), allowing it to proceed with its Initial Public Offering (IPO). As the parent company of PT Central Finansial X (CFX), which is Indonesia’s first and only cryptocurrency bourse, COIN is well-prepared to enter the Indonesian capital market. The company shows solid financial performance, with a net profit margin of 42.32% of total revenue in 2024.

Ade Wahyu, President Director of PT Indokripto Koin Semesta Tbk, explained that having CFX and ICC as the company’s main pillars strengthens its dedication to building a transparent, innovative, and well-governed cryptocurrency ecosystem. COIN’s listing on the Indonesian Stock Exchange is anticipated to begin a new, positive phase in the cryptocurrency industry’s development.

Sumber: Bloomberg Technoz