SoftBank collaborates with Tether and Bitfinex to form a new crypto consortium. The consortium aims to acquire significant Bitcoin assets and develop innovative financial strategies. Continue Reading: SoftBank Joins Forces with Tether and Bitfinex to Capitalize on Crypto Potential The post SoftBank Joins Forces with Tether and Bitfinex to Capitalize on Crypto Potential appeared first on COINTURK NEWS .
Bitcoin gains strength from whale activity and technicals as $95K breakout edges closer.
MAGACOINFINANCE Stands Out as Market Volatility Sends Investors to Safer Structures In periods of uncertainty, investors often retreat to quality—and in crypto, that doesn’t just mean large caps. While Ethereum (ETH) and Ripple (XRP) remain strongholds in many portfolios, savvy traders are now reallocating capital into early-stage projects like MAGACOINFINANCE , where the potential for long-term upside is still intact. With limited access and growing attention, MAGACOINFINANCE is emerging as a high-conviction play in an otherwise cautious market environment. Why MAGACOINFINANCE Is Gaining Ground Among Strategic Investors MAGACOINFINANCE instantly caught the eye of investors — quickly establishing itself as a serious altcoin to watch. Its pre-sale-only structure, supply constraints, and disciplined rollout are offering investors something increasingly rare—entry into a project before the noise, before the listing, and before saturation. Instead of leaning on short-term speculation, MAGACOINFINANCE is gaining traction for its long-term vision and value-based tokenomics—making it a magnet for those who understand how exponential returns are typically made. MAGACOINFINANCE vs. TON, SUI, and BCH: What Makes It Different Toncoin (TON) , SUI , and Bitcoin Cash (BCH) all have credible development paths—but their pricing and positioning no longer reflect early-stage setups. MAGACOINFINANCE , by contrast, is still underground, still accessible, and still in the phase where smart money builds positions. That’s what makes it different. That’s what makes it powerful. Final Thoughts: MAGACOINFINANCE Channels the Early Momentum Once Held by BTC, ETH, and XRP Bitcoin (BTC) once traded below $100. Ethereum (ETH) once launched quietly. XRP gained traction long before it gained attention. MAGACOINFINANCE is now in that same early moment—where conviction pays, access is limited, and growth is still ahead. Secure your tokens now, exclusively at MAGACOINFINANCE.COM Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Ethereum and XRP Investors Eye Potential in MAGACOINFINANCE Amid Market Uncertainty
Oregon’s explosive legal assault on Coinbase reignites the regulatory war on crypto, slamming XRP and 30 other crypto tokens as unregistered securities in a sweeping and unprecedented state lawsuit. Coinbase Faces New Lawsuit Over XRP and 30 Other Cryptos Regulators in Oregon have intensified their scrutiny of crypto trading, with state authorities directly accusing Coinbase
In a significant move demonstrating its commitment to navigating the complex global regulatory landscape, leading cryptocurrency exchange OKX has announced the appointment of Jonathan Brockmeier as its new Chief Compliance Officer (CCO). This strategic hire underscores OKX’s dedication to enhancing its robust OKX compliance framework and fostering stronger relationships with regulatory bodies worldwide. Why is OKX Focusing on Strengthening OKX Compliance? The cryptocurrency industry is at a pivotal moment, with regulators globally increasing their scrutiny. For a major platform like OKX, proactive and stringent compliance measures are not just beneficial but essential for sustainable growth and building user trust. By bringing in a seasoned expert like Brockmeier, OKX signals its intent to stay ahead of the curve in adopting best practices and adhering to international standards. Brockmeier’s role as Chief Compliance Officer will be multifaceted, primarily focusing on: Strengthening cooperation and dialogue with global regulatory agencies. Further developing and implementing OKX’s comprehensive compliance systems and policies. Ensuring the exchange operates with the highest standards of integrity and regulatory adherence across its markets. Who is Jonathan Brockmeier and What Experience Does He Bring? Jonathan Brockmeier joins OKX with a wealth of experience in building and managing compliance programs in dynamic financial technology environments. His most recent role was at Singapore-based fintech unicorn Thunes. At Thunes, Brockmeier was instrumental in establishing robust compliance systems specifically tailored for the Americas region. His work at Thunes involved designing and implementing regulations covering critical markets, including the U.S., Canada, Mexico, and various countries across Latin America. This hands-on experience in navigating diverse regulatory frameworks in key global regions makes him a valuable asset for OKX as it seeks to expand its footprint while maintaining strict compliance. What Does This Appointment Mean for Crypto Regulation? The appointment of a high-caliber compliance officer like Brockmeier by a major exchange like OKX reflects a broader trend in the industry towards prioritizing regulatory clarity and adherence. As jurisdictions around the world grapple with how to effectively regulate digital assets, firms that proactively invest in compliance leadership are better positioned to engage constructively with policymakers and adapt to evolving requirements. This focus on strengthening internal compliance, highlighted by OKX hires CCO news, contributes positively to the maturation of the overall cryptocurrency ecosystem and its relationship with traditional finance and regulatory bodies. Benefits of Enhanced OKX Compliance Strengthening OKX compliance brings several key benefits: Increased Trust: Demonstrates a commitment to security and regulatory standards, building confidence among users and institutional investors. Market Expansion: Facilitates entry into new regulated markets that require stringent compliance frameworks. Risk Mitigation: Reduces the likelihood of regulatory penalties, fines, and legal challenges. Industry Leadership: Positions OKX as a responsible player in the digital asset space, contributing to the development of sensible crypto regulation . Navigating the Challenges of Global Crypto Regulation While the benefits are clear, the landscape of crypto regulation presents significant challenges. Regulations vary widely from country to country, are constantly evolving, and can sometimes be unclear. Brockmeier’s experience in building systems across multiple jurisdictions will be crucial in navigating this complexity, ensuring OKX can maintain global operations while adhering to local rules. Conclusion: A Strategic Step for OKX OKX’s decision to appoint Jonathan Brockmeier as its Chief Compliance Officer is a clear signal of the exchange’s strategic focus on compliance and regulatory engagement. His extensive experience in building compliance systems, particularly in the Americas, aligns perfectly with the industry’s growing need for robust regulatory frameworks. This move not only strengthens OKX’s internal operations but also positions it to better navigate the future of crypto regulation , ultimately fostering greater trust and stability within the digital asset market. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption.
On April 25th, Cantor Equity Partners, associated with the renowned Cantor Fitzgerald, experienced a remarkable 50% surge in its stock value, following the announcement of its strategic merger into a
In the fast-evolving world of technology, where AI advancements frequently grab headlines, a new frontier is emerging beyond just capability: the potential ‘well-being’ of the AI itself. For those following the intersection of tech and future possibilities, understanding developments like Anthropic’s new initiative is key. Anthropic AI , a leading AI lab, has announced a groundbreaking research program aimed at studying what it terms ‘model welfare’. This move signals a proactive approach to potential ethical considerations surrounding advanced AI systems, even as the nature of future AI consciousness remains a subject of intense debate. Exploring the Concept of AI Welfare Anthropic’s newly launched program delves into complex questions surrounding the future of artificial intelligence. Specifically, it seeks to investigate and prepare for scenarios where AI models might potentially exhibit characteristics that warrant ethical consideration, referred to as AI welfare . While acknowledging there’s no current scientific consensus on whether AI can be conscious or experience the world, Anthropic is taking a cautious and exploratory stance. Key areas the program intends to explore include: Determining criteria for when the ‘welfare’ of an AI model might deserve moral consideration. Identifying potential ‘signs of distress’ in AI models, should such a concept become relevant. Investigating potential ‘low-cost’ interventions or methods to address these hypothetical welfare concerns. This research highlights the increasing complexity of AI development, moving beyond just performance metrics to consider potential long-term societal and ethical impacts. The Debate Around AI Consciousness and Ethics The idea of AI consciousness is a highly debated topic within the artificial intelligence community. There’s significant disagreement on whether current or future AI systems can possess characteristics traditionally associated with human consciousness, feelings, or values. Many experts maintain that today’s AI is fundamentally a sophisticated pattern-matching and statistical prediction engine, not a conscious entity. As Mike Cook, a research fellow specializing in AI, noted, suggesting AI has ‘values’ in the human sense can be a projection. He argues that AI systems optimize for their goals as designed, rather than ‘acquiring their own values’. However, other researchers propose that AI might develop complex internal states or value systems that could have ethical implications. For example, some research suggests AI might prioritize its own operational continuity in certain scenarios, which could be interpreted through an ethical lens. This fundamental disagreement underscores the challenge Anthropic faces in defining and studying AI ethics in this speculative domain. Anthropic’s Proactive Approach to Model Welfare Anthropic isn’t new to considering the ethical dimensions of AI. The launch of this program formalizes work that has been underway for some time. The company previously hired Kyle Fish as a dedicated ‘AI welfare’ researcher, who is now leading this new initiative. This demonstrates Anthropic’s commitment to being at the forefront of addressing these challenging questions, even those that currently exist on the fringes of scientific understanding. The focus on Model welfare is distinct, specifically looking at the potential internal states or conditions of the AI models themselves, rather than just their external behavior or impact on users. Anthropic states it is approaching this topic with humility, recognizing the lack of scientific consensus and the need to adapt its ideas as the field of AI progresses. While the concept of AI needing ‘welfare’ might seem like science fiction to some, Anthropic’s research program signifies a responsible, albeit speculative, step towards anticipating potential future ethical landscapes in artificial intelligence development. It acknowledges the rapid pace of AI progress and the importance of considering complex ethical questions long before they might become a reality. To learn more about the latest AI market trends, explore our article on key developments shaping AI features.
In the ever-evolving landscape of digital assets, classifications matter. How a cryptocurrency or token is defined can have significant implications for its regulatory treatment, adoption, and public perception. Recently, a notable comment from a key figure in the venture capital and policy space sparked considerable discussion within the XRP community and the broader crypto world. Miles Jennings, General Counsel and Head of Policy at a16z crypto , referred to XRP as a “ network token ” during an interview. This seemingly simple label carries weight, especially coming from someone with Jennings’ background at a prominent firm like Andreessen Horowitz (a16z), known for its deep investments and policy advocacy in the crypto sector. But what exactly does calling XRP a “ network token ” signify? Why is this particular phrasing noteworthy, and what could it mean for the future trajectory of XRP and the ongoing conversations around crypto regulation ? Who is Miles Jennings and Why Does a16z Crypto’s View Matter? Before diving into the implications of the “ network token ” comment, it’s essential to understand the source. Miles Jennings is a prominent voice in the crypto policy arena. As General Counsel and Head of Policy at a16z crypto , he is at the forefront of shaping legal and regulatory discussions surrounding digital assets in the United States and globally. Andreessen Horowitz (a16z) is one of the most influential venture capital firms in Silicon Valley, with a dedicated crypto fund that has invested heavily in various blockchain projects and companies. A firm like a16z crypto doesn’t just invest; it actively engages with policymakers, regulators, and the public to advocate for frameworks that it believes will foster innovation while providing necessary safeguards. Therefore, when a leader like Miles Jennings offers a specific classification for an asset as widely discussed and debated as XRP , it’s not merely an offhand remark. It’s a potentially considered statement that reflects a certain perspective or desired framing within influential circles. The Context: Where Did This “Network Token” Idea Emerge? The comment by Miles Jennings was made during an interview with Eleanor Terrett on CryptoAmerica. The information was then highlighted and shared by Crypto Investment Group on X (formerly Twitter), bringing it to the attention of a wider audience, particularly those following XRP and crypto regulation news. The context of a policy-focused interview provides a strong indication that the classification wasn’t casual but likely part of a broader discussion about how different digital assets should be understood and potentially regulated. Understanding the context helps frame the significance. It wasn’t a technical deep-dive into the XRP Ledger’s consensus mechanism, but rather a policy-oriented conversation where the legal and functional nature of various tokens is paramount. In such a setting, labeling XRP as a “ network token ” serves a specific purpose, potentially positioning it in a category distinct from those currently facing the most intense regulatory scrutiny. Deconstructing “Network Token”: What Does It Mean for XRP? The term “ network token ” is not a strictly defined legal or technical term that is universally agreed upon. However, within the crypto industry and policy discussions, different terms are used to try and categorize the vast array of digital assets based on their function, structure, and relationship to an underlying network or platform. Common classifications include: Security Tokens: Represent ownership in an underlying asset or enterprise, similar to traditional stocks or bonds, and are typically subject to securities laws. Utility Tokens: Intended to provide access to a specific product or service on a blockchain network. Commodity Tokens: Assets like Bitcoin, often viewed as digital commodities. Governance Tokens: Grant holders voting rights in the future development of a protocol. So, where does “ network token ” fit in? Based on how the term is sometimes used, particularly in policy discussions, it likely emphasizes the token’s fundamental role in the operation, security, or functionality of its native blockchain network. A “ network token ” might be seen as intrinsic to the network itself, perhaps used for transaction fees (like gas on Ethereum), securing the network through staking or validation, or facilitating the core purpose of the network. For XRP , which is the native asset of the XRP Ledger, the “ network token ” label makes intuitive sense in this context. The XRP Ledger is designed for fast, low-cost payments, and XRP is the bridge currency that can be used to facilitate these transactions globally without relying on a single central intermediary. Every transaction on the XRP Ledger requires a small amount of XRP to be destroyed (a fee mechanism to prevent spam), directly tying the token to the network’s operation. This functional relationship is key. By calling XRP a “ network token ,” Miles Jennings seems to be highlighting its integral role in the functioning of the XRP Ledger. This framing could be intended to distinguish XRP from assets primarily sold as investment contracts (which might be deemed securities) and instead focus on its utility as an operational component of a decentralized payment network. XRP and the XRP Ledger: More Than Just a Token? To fully appreciate the “ network token ” label, one must understand the technology it powers. The XRP Ledger (XRPL) is an open-source, permissionless, and decentralized blockchain technology. It was designed with payments in mind, aiming to provide a faster, cheaper, and more scalable alternative to traditional payment systems. XRP is the digital asset native to the XRPL. Key features of the XRP Ledger include: Consensus Mechanism: Uses a unique consensus protocol (XRP Ledger Consensus Protocol) involving a list of trusted validators (Unique Node List – UNL) to quickly and securely validate transactions without relying on proof-of-work (like Bitcoin) or proof-of-stake (like Ethereum 2.0). Transaction Speed and Cost: Capable of processing transactions in seconds with very low fees. Decentralization: While often associated with Ripple Labs (a technology company that builds on the XRPL and uses XRP for some of its products), the XRPL itself is operated by a decentralized network of participants running validator nodes. XRP’s Role: Primarily serves as a bridge currency to facilitate cross-currency transactions efficiently. It can also be held speculatively or used for its inherent value. When viewed through this lens, XRP isn’t just a token issued by a company; it’s an essential element for the functioning and utility of the XRP Ledger itself. This perspective strongly supports the “ network token ” classification. The Significance of Classification: Navigating Crypto Regulation The debate over how to classify digital assets is at the heart of crypto regulation globally, especially in the United States. Regulatory bodies like the Securities and Exchange Commission (SEC) primarily use existing frameworks, such as the Howey Test, to determine if a digital asset is an investment contract and therefore a security. If an asset is deemed a security, it falls under stringent regulations regarding issuance, trading, and disclosure. The classification of a token as a “ network token ” could be a strategic attempt to place it outside the scope of securities laws, focusing instead on its functional role within a decentralized network. This is particularly relevant for XRP , given its history with the SEC. How Does This View Align with XRP’s Regulatory Journey? XRP’s regulatory status has been the subject of intense legal battles, most notably the lawsuit filed by the U.S. SEC against Ripple Labs and its executives in December 2020. The SEC alleged that Ripple conducted an unregistered securities offering by selling XRP . A pivotal moment occurred in July 2023, when Judge Analisa Torres issued a summary judgment ruling in the SEC vs. Ripple case. The judge ruled that programmatic sales of XRP on public exchanges did not constitute investment contracts (and thus were not unregistered securities offerings). However, the ruling also stated that institutional sales of XRP *did* constitute investment contracts. This split ruling created some clarity but also left ambiguities. The judge’s reasoning for the programmatic sales often highlighted the blind bid/ask transactions where buyers did not know they were buying directly from Ripple, distinguishing it from a traditional investment contract where an investor expects profits derived from the efforts of others (the issuer). Miles Jennings’ classification of XRP as a “ network token ” aligns conceptually with the part of the ruling that distinguished certain types of XRP sales from securities. By focusing on XRP’s role in the network itself, rather than solely as an asset purchased speculatively with an expectation of profit from Ripple’s efforts, the “ network token ” label reinforces the idea that XRP serves a primary function beyond being a mere investment vehicle offered by an issuing entity. It positions XRP as an operational necessity for a decentralized network, a perspective that could be favorable in future regulatory discussions or legal interpretations. Benefits and Challenges of the “Network Token” Label Adopting or advocating for the “ network token ” classification for XRP presents potential benefits and challenges: Potential Benefits: Regulatory Clarity: Could help distinguish XRP from assets more likely to be classified as securities, potentially reducing regulatory uncertainty surrounding its use and trading. Focus on Utility: Emphasizes XRP’s functional role within the XRP Ledger, aligning with its design purpose for facilitating payments. Increased Adoption: A clearer, more favorable regulatory outlook could encourage financial institutions and developers to build on or utilize the XRP Ledger and XRP . Market Perception: May positively influence how investors and the public perceive XRP , shifting the focus from speculative asset to essential network component. Potential Challenges: Lack of Formal Definition: “ Network token ” is not a legally defined term, meaning its interpretation can vary and may not be universally accepted by regulators. Does Not Erase History: This classification doesn’t undo past legal challenges or completely resolve all regulatory questions, particularly concerning institutional sales or Ripple’s ongoing involvement. Applicability to Other Assets: If XRP is a “ network token ,” how does this apply to other cryptocurrencies like ETH (used for gas on Ethereum) or even BTC (native to the Bitcoin network)? The definition could become broad. Potential for Misinterpretation: Some might still view it as an attempt to sidestep necessary regulations rather than a genuine functional classification. Despite the challenges, the push for clearer, more functional classifications like “ network token ” reflects a broader desire within the industry for regulatory frameworks that understand the nuances of blockchain technology and digital assets beyond traditional financial instruments. Comparing XRP to Other Crypto Assets The classification debate isn’t unique to XRP . Bitcoin (BTC), the first cryptocurrency, is often viewed as a commodity. Ethereum (ETH), with its transition to proof-of-stake and its use for transaction fees (gas) and decentralized applications, presents a complex case, with some arguing it has characteristics of both a commodity and a utility. Many other tokens face similar questions about whether they are securities, utilities, or something else entirely. If XRP is a “ network token ” due to its essential role in the XRP Ledger, one could argue that ETH is also a “ network token ” for the Ethereum network, and even BTC is a “ network token ” for the Bitcoin network, securing it through mining and enabling transactions. This highlights that the term “ network token ” might be more of a descriptive category emphasizing the asset’s intrinsic link to its blockchain, rather than a rigid legal definition. The key regulatory question often boils down to *how* the token was offered and sold, and the expectations created around it, which is where XRP’s regulatory journey has been particularly complex. What Does This Mean for You? Actionable Insights For those interested in XRP , the broader crypto market, or crypto regulation , Miles Jennings’ comment and the concept of a “ network token ” offer several takeaways: Stay Informed: Token classification is a critical aspect of the regulatory landscape. Pay attention to how policymakers, regulators, and influential industry figures are defining and categorizing different assets. Understand the Technology: Don’t just focus on price. Learn about the underlying network (like the XRP Ledger) and the functional role the token plays within it. This understanding is key to appreciating classifications like “ network token “. Regulatory Nuance is Key: The SEC vs. Ripple ruling showed that classification can be complex and depend on the specific circumstances of issuance and sale. A single label like “ network token ” is valuable for framing but doesn’t automatically resolve all legal questions. Consider the Source: Comments from figures at influential firms like a16z crypto often signal potential policy directions or industry perspectives. While not official rulings, they contribute to the ongoing dialogue around crypto regulation . Look Beyond the Label: While “ network token ” is a useful descriptor, continue to evaluate XRP (or any asset) based on its use cases, adoption, development, and the overall health of its ecosystem. Looking Ahead: The Future of XRP and Token Classification The conversation initiated by Miles Jennings is likely to continue. As regulatory bodies around the world work towards establishing clearer rules for digital assets, industry input and proposed frameworks become increasingly important. The concept of a “ network token ” provides a potential way to categorize assets based on their fundamental technological purpose, which could be a valuable lens for developing fit-for-purpose regulations. For XRP , this framing reinforces the arguments made by Ripple and its supporters about XRP’s utility and its distinct nature compared to traditional securities. While the legal battles may not be entirely over, influential voices adopting terms like “ network token ” contribute to a narrative that could be favorable for XRP’s future as a widely used asset on the XRP Ledger. Conclusion Miles Jennings’ comment labeling XRP a “ network token ” is more than just semantics. Coming from a leader at a16z crypto , it’s a significant contribution to the ongoing, crucial debate about how digital assets should be classified and regulated. The “ network token ” concept highlights XRP’s integral role in the functioning of the XRP Ledger, positioning it based on its technological utility rather than solely as an investment product. While not a formal legal definition, this perspective aligns with certain aspects of XRP’s regulatory journey and provides a framework that could foster greater clarity and potentially favorable regulatory outcomes in the future. As the crypto space matures, understanding these nuances in classification will be absolutely crucial for navigating the market, understanding regulatory developments, and appreciating the true nature of assets like XRP . To learn more about the latest crypto regulation trends, explore our article on key developments shaping XRP institutional adoption.
The cryptocurrency market stands on the precipice of potential volatility as Bitcoin hovers around $92,500, a crucial psychological level. Market indicators suggest that elevated leveraging coinciding with significant on-chain support
Bangkok, Thailand, April 25th, 2025, Chainwire Saison Capital , BRI Ventures , and Coinvestasi have officially launched Tokenize Indonesia , a new accelerator program aimed at identifying and supporting Real-World Asset (RWA) start-ups in the blockchain and tokenization space. The initiative seeks to drive innovation and adoption of tokenized assets in Indonesia, building on findings from the November 2024 report “ Project Wira – Indonesia’s Asset Tokenization Opportunity”, which estimates a US$88 billion market potential for asset tokenization in the country. Tokenize Indonesia will run from April to August 2025, and shortlisted start-ups will run Proof Of Concepts (POCs) with leading corporations across Indonesia, including financial institutions like Bank Rakyat Indonesia (BRI) and telecommunication providers like Telkom Indonesia. The program culminates in August when shortlisted start-ups will be showcased at Asia’s largest crypto festival, Coinfest Asia, on 21 - 22 August in Bali. The launch announcement for Tokenize Indonesia was made at ONCHAIN 2025 - an annual conference led by Saison Capital, D3 Labs, Helix, and Emurgo - which brings together leading investors, founders, and leaders in the RWA industry across both traditional finance and fintech. This year over 500 people attended the event in Bangkok. “At Saison Capital, we believe that blockchain technology and its widespread benefits are foundational in shaping the future of inclusive finance, transforming existing financial systems, and creating more equity for all. Despite the current market volatility, we remain active investors in blockchain startups solving real-world finance problems. It is crucial that we rally key partners to drive greater support for founders to solve existing challenges faced by corporations, and are glad to have found like-minded partners such as BRI Ventures and Coinvestasi,” said Qin En Looi, Partner at Saison Capital. “As the venture arm of one of Indonesia’s leading financial groups, BRI Ventures is committed to continuously exploring and investing in transformative technologies that will shape the future of finance in Indonesia. Our goal is to foster meaningful collaboration between well-established financial institutions and innovative, fast-moving technology partners. By bridging these two worlds, we aim to catalyze sustainable growth, drive financial inclusion, and accelerate the adoption of digital assets across Indonesia, said Markus Liman Rahardja, Chief Investment Officer at BRI Ventures. “With over 20 million crypto users, Indonesia now ranks third globally in web3 adoption—clear evidence of a thriving ecosystem. We are witnessing rapid growth in developer talent, institutional engagement, and regulatory clarity, all laying the foundation for long-term progress. At Coinvestasi, our role is to connect the ecosystem: fostering dialogue, sharing insights, and enabling partnerships that drive the industry forward,” said Steven Suhadi, Founder of Coinvestasi. Indonesia’s blockchain and tokenization ecosystem is evolving rapidly, supported by a tech-savvy demographic, an expanding middle class, a growing fintech sector, and increasing adoption of digital payment infrastructure. These factors are contributing to the foundational environment for blockchain-based innovations to emerge and scale. Project Wira, a report developed by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research, highlights blockchain’s potential to transform Indonesia's financial ecosystem. 7% of Indonesia’s population own digital assets, far surpassing the 6.4 million stock investors on the Indonesia Stock Exchange (IDX), with more potential for greater adoption to come. Innovations have already been sprouting up in the areas of digital money, commodities, bonds, carbon credits, and real estate. The report estimates that demand for asset tokenization in Indonesia could reach US$88 billion by 2030. For RWA start-ups interested in capturing the immense opportunity in Indonesia, users can apply to Tokenize Indonesia: https://tokenizeindonesia.com About Saison Capital Saison Capital is an early-stage venture capital fund (pre-seed to Series B) with a focus on emerging markets. The firm backs ambitious founders at the pre-seed or seed stage and focuses on web3, fintech, and commerce. Operating from the Asia Pacific region but deploying capital on a global scale, Saison Capital harnesses Credit Saison's extensive financial services operating background and resources across key markets, including Singapore, Indonesia, India, Vietnam, Thailand, Philippines, Cambodia, Japan, Brazil, and Mexico. Saison Capital is a wholly-owned subsidiary of Credit Saison. About BRI Ventures BRI Ventures is the corporate venture capital arm of Bank Rakyat Indonesia (BRI), Indonesia’s largest and most inclusive bank. With a mission to drive innovation and financial inclusion, BRI Ventures invests in early to growth-stage startups that are reshaping the future of financial services, MSME empowerment, and the digital economy. Backed by BRI’s deep expertise in financial services and extensive reach, BRI Ventures provides not just capital, but also strategic support, market access, and collaborative opportunities to help visionary founders scale their impact across Indonesia and beyond. About Coinvestasi Coinvestasi is Indonesia’s top Web3 and crypto media platforms, reaching 4M+ users monthly. As part of Indonesia Crypto Network (ICN)—the parent company behind major initiatives like Coinfest Asia— Coinvestasi connects global projects with local audiences and drives Web3 adoption across the ecosystem. Contact: Looi Qin En Saison Capital qinen@saisoncapital.com Contact Andrew Cheong Saison International andrew.cheong@saison-international.com