fbpx

Type to search

Indonesia Crypto Exchange Pintu Raises $110m – Decrypt

Eddy Chan, founding partner at Intudo, told Decrypt he is bullish on Pintu and Indonesia’s crypto economy despite the global market downturn


crypto
Pintu says it will use the newly-raised funds to further develop its product offerings and expand its educational arm, Pintu Academy. Photo: Pintu

 

Indonesia-based crypto exchange and wallet Pintu raised $110 million in Series B funding from LightspeedPantera Capital, Northstar Group, and Intudo Ventures, Decrypt reported.

Eddy Chan, founding partner at Intudo, told Decrypt he is bullish on Pintu and Indonesia’s crypto economy despite the global market downturn, citing Pintu’s user-friendly interface and educational focus.

 

Read the full report: Decrypt

 

READ MORE:

SE Asia’s Carro Picks Up 50% stake in Indonesia Car Rental Firm

Indonesian Bill Seeks to Classify Coal Products as ‘New Energy’

Indonesian Navy Officers Demand Payment to Release Oil Tanker

 

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.