INDODAX Wins Two Awards from CFX, Strengthening Commitment to Education and Growth of the National Crypto Industry
JAKARTA - PT Indodax Nasional Indonesia (INDODAX) won two awards at the 2026 CFX Knight Awards held by PT Central Finansial X (CFX) as part of the CFX Crypto Conference 2026 series. The award was given for INDODAX's contribution in promoting crypto asset literacy and the growth of the national crypto asset market.
This achievement was achieved amid the growth of the Indonesian crypto asset industry which continues to show a positive trend. Based on data from the Financial Services Authority (OJK), the number of national crypto asset investors has reached 21.7 million users. In line with this development, INDODAX has also reached 10 million members, reflecting the increasing adoption of digital assets in Indonesia.
In the event, INDODAX as the top Indonesian crypto exchange received two awards at once:
Arjuna Awards - Commitment to Literacy & Education. This award is given to exchange members who are committed, and are considered active and consistent in encouraging literacy and education of crypto assets to the public.
Bima Awards - Highest Achievement in Growing the Crypto Asset Market. This award is given to exchange members who contribute highly to the growth of the national crypto asset market.
INDODAX CEO, William Sutanto, said that the award was an acknowledgment of the importance of education in supporting the growth of the increasingly developing digital asset industry in Indonesia.
"The growth in the number of investors must be balanced with an increase in literacy. Therefore, awards in the field of education have a very important meaning for us. The crypto asset industry can grow healthily if the public understands the benefits, risks, and how to invest responsibly," said William, quoted Thursday, June 11.
According to William, the development of the Indonesian crypto asset industry shows that digital assets are increasingly accepted as part of the modern financial ecosystem. However, this growth also needs to be supported by strong collaboration between industry players, regulators, communities, and the public.
"We really appreciate the award given by CFX. This recognition is motivation for us to continue to provide safe, transparent, and regulatory services, as well as expanding various educational programs so that more Indonesian people can understand crypto assets and blockchain technology more wisely," he continued.
Through various educational programs targeting students, communities, and business actors, INDODAX continues to encourage public understanding of crypto assets and blockchain technology as part of Indonesia's digital economic transformation.
"This award is dedicated to all members and the INDODAX community who have grown with us for years. In the future, we will continue to strengthen education, innovation, and good governance to support the creation of an increasingly mature and globally competitive Indonesian digital asset ecosystem," concluded William.