Indonesia’s biggest tech firm enters crypto with the acquisition of a local exchange

Indonesian e-commerce giant PT GoTo Gojek Tokopedia Tbk (GoTo) has acquired local crypto exchange PT Kripto Maksima Koin as it seeks to diversify its portfolio. The deal is a major milestone for the countrys financial industry as it represents the merging of crypto and mainstream. GoTo, described as Indonesias biggest tech firm, shelled out 124.84 billion rupiahs ($8.38 million) to acquire 100 percent of PT Kripto Maksima Koins shares. The transaction was finalized on Thursday last week, August 25. At the moment, Goto did not disclose any plans on how it intends to further develop PT...



source: https://tokenpost.com/Indonesias-biggest-tech-firm-enters-crypto-with-the-acquisition-of-a-local-exchange-9754

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Source: NewsService