Mobee has launched its new digital asset exchange in Indonesia licensed by BAPPEBTI, Indonesia’s regulatory body for trading digital assets, and raised an undisclosed sum in a funding round led by 1982 Ventures.

The round was also joined by Indonesian family offices and angel investors. Mobee said that the funds will be used to expand its operations, launch new products, and bolster its hiring process.

Mobee’s new platform offers a range of financial products for investors seeking passive income as well as more sophisticated wealth management products designed for more active investors.

“We are thrilled to launch this new exchange platform, which will allow Indonesian investors to effortlessly access a wide range of institutional-grade investment products in digital assets and securities.

 

Our focus is to bring key players and businesses in Indonesia on-chain and provide them the level of service, trust, and security they are accustomed to as they begin to allocate more capital to digital assets.”

said Andrew Tjahyadikarta, Co-founder and CEO of Mobee.

“Indonesia is set to become one of the main crypto hubs globally. The framework the regulators have created have provided the confidence for investors to increase their exposure to digital assets.

 

We are currently working with major partners to help provide reliable wealth management products and services to facilitate further adoption in our country. Mobee fills a massive gap in one of the fastest growing segments in financial services in Indonesia.”

said Jeff Pradana, Co-founder and CIO of Mobee.