INDODAX Partners with Chainalysis to Strengthen Indonesian Crypto Industry Security and Compliance Standards

JAKARTA - As compliance and oversight standards in the global crypto asset industry increase, INDODAX as a regulated Indonesian crypto exchange, has officially entered into a strategic partnership with Chainalysis, the world's leading blockchain data platform. This collaboration is an important step in strengthening compliance systems, risk management, and user protection in the midst of the rapidly growing Indonesian crypto asset industry and connected to the global ecosystem.

Through the implementation of the Chainalysis Crypto Compliance solution, INDODAX further strengthens the ability to monitor on-chain activities in real time to help identify, analyze, and mitigate potential risks more quickly and accurately. This solution also supports the strengthening of compliance systems, transaction monitoring, and operational scale improvement while prioritizing user protection and strong risk management.

INDODAX CEO, William Sutanto, said that this collaboration is part of the company's long-term commitment to continue to improve the compliance and governance standards of the crypto asset industry in Indonesia.

"The crypto industry is currently growing very rapidly in response to global standards. As a licensed Indonesian crypto exchange, we are not only required to grow in terms of business, but also to strengthen compliance systems, risk management, and user protection. Our collaboration with Chainalysis is a strategic step to ensure INDODAX remains at the forefront of implementing security and compliance standards in the increasingly complex crypto industry," said William, in his statement, Thursday, June 11.

William added that strengthening compliance infrastructure is now one of the main foundations in building a healthier, trusted, and sustainable crypto asset industry.

"User trust is the main foundation in this industry. We believe that a healthy and sustainable growth of the crypto industry must be built on transparency, good governance, and strong risk management in the long term," continued William.

Chainalysis is a blockchain data platform that provides AI-based investigation, compliance, and market intelligence solutions used by government agencies, digital asset exchanges, global financial institutions, and cybersecurity companies in more than 70 countries. Chainalysis' developed data and technology have helped various institutions in the world to handle large-scale cybercrime cases while supporting the growth of a safer and more transparent digital asset ecosystem.

According to the Chainalysis Global Crypto Adoption Index 2025, Indonesia ranks seventh in the world in the adoption of crypto assets. Indonesia is also recorded as the fourth largest crypto asset market in Asia based on the value of transactions received, with growth of 103 percent year-on-year.

Diederik Van Wersch, Regional Director ASEAN Chainalysis, assessed that the rapid growth of the industry needs to be balanced with a stronger compliance and risk oversight system.

"Indonesia is one of the fastest growing crypto markets in Southeast Asia. This growth needs to be balanced with the strengthening of compliance systems and increasingly capable risk monitoring. Support for AI technology and blockchain data analysis allows potential risks to be identified in real-time so that they can be handled faster and more accurately. We see INDODAX showing a strong commitment to building these foundations and are proud to be able to support it through the technology and expertise we have to help create a safer and more transparent ecosystem," said Diederik.

Through this cooperation, INDODAX also targets increased operational compliance efficiency, acceleration of internal investigation processes, and strengthening the ability to mitigate suspicious activities in the blockchain network.

The collaboration between INDODAX and Chainalysis is part of efforts to strengthen the infrastructure of compliance and risk oversight in the Indonesian crypto industry. By utilizing blockchain intelligence technology that has been used by various global institutions, this cooperation is expected to increase the effectiveness of transaction monitoring while supporting user protection, in line with the development of international regulatory standards.