JAKARTA - Upbit Indonesia, one of the leading cryptocurrency exchanges in the country, officially announced the appointment of Resna Raniadi as the new Chief Executive Officer (CEO). This appointment comes at an important moment, amid the significant growth in the number of users and transaction volume of Upbit Indonesia which continues to increase in line with the positive trend of the national crypto industry.
Since officially operating in Indonesia, Upbit Indonesia has recorded consistent growth, both in terms of user numbers and trading volume. In the last eight years, the active user base and annual transaction value have continued to show a significant increase trend. This achievement reflects the high level of investor confidence in the security, ease, and quality of services provided by Upbit Indonesia.
Since operating in Indonesia, Upbit Indonesia has recorded consistent growth, both in terms of user numbers and trading volume. In recent years, the growth of the national crypto industry has been recorded quite strongly under the supervision of the OJK. According to regulator data, the value of crypto asset transactions in Indonesia has reached around IDR 482.23 trillion throughout 2025, while the number of investors continues to increase and reach millions of active users across the country.
This achievement reflects the high public confidence in the adoption of digital assets, as well as confirming the important role of the crypto exchange in providing safe, transparent, and regulatory services.
Resna, who joined Upbit Indonesia since 2018 and previously served as Chief Operating Officer (COO), is one of the key figures behind the company's growth.
"Seven years ago, we started this journey with a small team and a big dream. Amanah as CEO is certainly a new responsibility and challenge for me. With full commitment, I will ensure that Upbit Indonesia remains compliant with regulations that are increasingly mature in the midst of increasing crypto adoption. In the future, we are ready to strengthen the security system and continue to transform to provide better services for all users," he said.
Under Resna's leadership, Upbit Indonesia will focus on expanding services that are increasingly relevant to the needs of the domestic market through the launch of localized features and products. This effort will be accompanied by an improved user experience, so that every investor can enjoy a seamless, secure, and convenient transaction process, both through the web platform and mobile application.
In addition, the company will strengthen strategic collaboration with regulators to ensure all operations run in accordance with applicable regulations, while encouraging the creation of a healthy and sustainable national crypto industry ecosystem.
"This appointment is an award for the entire Upbit Indonesia team who have survived and grown through various market cycles. In the future, we will continue to bring innovation, expand collaboration, and create a greater positive impact for the national crypto ecosystem," said Resna.
He added, through close collaboration with regulators, the growth of the crypto industry in Indonesia can run in line with regulations and still prioritize public interest.
As part of its long-term commitment, Upbit Indonesia will also intensify its crypto and blockchain literacy program targeting various layers of society, from beginners to experienced investors. This program aims to increase public understanding of digital assets, encourage wider participation, and build responsible investment behavior.
"We believe that education is the main foundation in building a healthy ecosystem. Through a sustainable literacy program, we want to help people understand the potential as well as the risks of crypto assets, so that they can make wiser investment decisions," he added.
This appointment confirms Upbit Indonesia's commitment to continue to lead innovation, strengthen public trust, and become a trusted partner for millions of crypto investors in Indonesia.
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