Binance-backed Indonesian crypto exchange considers IPO

Cointelegraph

Published Jun 02, 2021 04:39AM ET

Updated Jun 02, 2021 09:40PM ET

Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reported on Wednesday.

“I’m saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. Our key focus at Tokocrypto is to grow the business further, expand our operations to more parts of Indonesia and make crypto mainstream in the country,” Tokocrypto CEO Pang Xue Kai said.

Continue Reading on Coin Telegraph