Mobee Co-Founders Jeff Pradana and Andrew Tjahyadikarta (R)
Mobee has launched its newly registered digital asset exchange in Indonesia after obtaining a license from the market regulator BAPPEBTI.
The startup has also raised an undisclosed sum in a funding round led by 1982 Ventures, with participation from strategic family offices and individuals.
The funds will be used to expand operations, launch new products, and hire more financial services and digital asset industry veterans.
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Mobee was founded in 2022 by Andrew Tjahyadikarta and Jeff Pradana, an experienced banking and trading executive. Tjahyadikarta is the co-founder and former CEO of Kaja Group, an ultra-luxury hospitality and lifestyle entertainment group in Southeast Asia.
The digital assets exchange focuses on qualified investors, family offices, and institutional-grade clients. It offers a range of financial products for investors seeking passive income and more sophisticated wealth management products designed for active investors.
“Mobee will allow Indonesian investors to effortlessly access a wide range of institutional-grade investment products in digital assets and securities,” said Tjahyadikarta. “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.”
Also Read: IMF calls for cryptocurrency regulation to ensure financial stability
The Indonesian cryptocurrency market surged 50 per cent in 2022, reaching nearly 17 million registered users. There is significant room for growth as more qualified and institutional-grade investors enter the market. Mobee projects Indonesian crypto annual trading volume to reach over US$100 billion by the end of 2024.
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