JAKARTA - Amid the trend of declining national crypto asset transactions, Tokocrypto added a deposit channel through two new SOEs, namely BRI and Bank Mandiri.
Based on data from the Financial Services Authority (OJK), the value of crypto asset transactions in February 2026 was recorded at Rp. 24.33 trillion, down from January's Rp. 29.28 trillion.
Tokocrypto CEO, Calvin Kizana, emphasized that this initiative was carried out to facilitate public access while encouraging increased transaction activity on the platform.
"The current crypto market is entering a consolidation phase after experiencing a significant spike in the previous period. This condition is characterized by price corrections and transaction volume decreases, which are also influenced by global economic dynamics, including geopolitical tensions and high interest rate policies in the United States," he said.
Calvin added that global factors such as increased geopolitical tensions drove risk-off sentiment in the financial market, while high interest rate policies triggered liquidation on leverage positions in the crypto market, thus directly impacting the decline in transaction volume.
The addition of new deposit channels in collaboration with BRI and Bank Mandiri complements the options that were previously available such as BCA and QRIS.
"The addition of this deposit channel is part of our efforts to make access to the crypto market easier and more inclusive. With more payment method options, we hope to stimulate investors to be active again," said Calvin.
Looking ahead, Tokocrypto is optimistic that transaction performance will improve in the second quarter of 2026, in line with the potential for stabilizing global macroeconomic and geopolitical conditions.
In addition, the momentum of the Crypto Literacy Month (BLK) which took place in April to May 2026 is also expected to increase public understanding and participation.
"We see education as the key to maintaining industry sustainability. Tokocrypto is ready to contribute to increasing investor literacy and awareness, especially in the midst of a bearish market condition like today," concluded Calvin.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
