INDODAX And HashKey Establish Strategic Cooperation To Strengthen Digital Asset Liquidity And Innovation In Southeast Asia

Photo: Doc. INDODAX

JAKARTA - INDODAX, the largest crypto exchange in Indonesia, has officially established strategic cooperation with HashKey Exchange, a licensed digital asset exchange and regulated by Hong Kong Securities and Futures Commission (SFC).

The two companies signed a Memorandum of Understanding (MoU) to strengthen infrastructure in order to increase speed, protection, and encourage digital asset innovation in the Southeast Asian ecosystem. CEO OF INDODAX, William Sutanto believes that this is the right moment to expand regional cooperation in order to strengthen the crypto ecosystem in Indonesia.

We are very happy to be working with HashKey, one of the most trusted and regulated digital asset institutions in the world. We, Indodax, have the same vision to build exchanges that comply with regulations, are safe, and prioritize user protection," he said, in a written statement, quoted Tuesday, November 25.

Through this collaboration, INDODAX and HashKey will focus on strengthening liquidity and improving trading infrastructure. This collaboration also opens up great opportunities for development in the Real-World Assets (RWA) sector.

In the early stages, both parties will focus on technical integration, exchange of knowledge between teams, and mapping regulations to ensure all initiatives run according to the provisions in each region.

INDODAX emphasized that this collaboration is an important step in expanding access to technology, improving service quality, and strengthening Indonesia's presence in the regional crypto landscape.

This collaboration is expected not only to create new standards in crypto asset trading services, but also to actually strengthen INDODAX's position as the main gateway for global crypto innovation in Southeast Asia.

The CEO of HashKey Exchange BG, Haiyang Ru, emphasized the same thing, that cooperation with INDODAX is an important step in strengthening HashKey's position in Southeast Asia. He views Indonesia as a strategic market supported by a large number of crypto users and a growing regulatory framework.

HashKey Exchange itself is a leading digital asset exchange with a strict license, so this collaboration guarantees that INDODAX partners with platforms that uphold global compliance and security standards.