Establishes Strategic Joint Venture to Pioneer ASEAN's Digital Securities Hub
JAKARTA, Indonesia,June 19, 2025/PRNewswire/ --Singapore-based Edena Capital Partners and its Korean technology subsidiary Group KS today announced their strategic entry intoIndonesia'sdigital securities market, having successfully established joint venture"Edena Capital Nusantara"with prominent Indonesian partners to pioneer Security Token Offering (STO) exchange development across ASEAN's largest economy.
The joint venture was formalized through a signing ceremony inJakartatoday, with Wook Lee (CEO) andChase S. Cho(Co-CEO) representing Edena Capital Partners, alongside Indonesian partners PT Dua Saudara Nusantara and PT Milkyverse Dunia Digital. The ceremony was attended by key stakeholders including Rendy Ronaldy Bimantara (CEO, PT Dua Saudara Nusantara), Yayang Ruzaldy (Co-Representative, PT Dua Saudara Nusantara), andRob Clinton Kardinal(Representative, PT Milkyverse Dunia Digital).
Pioneering ASEAN's Digital Securities Transformation
"Having established our strong local partnership, we are now positioned to enterIndonesia'sinaugural STO exchange sandbox program and build ASEAN's leading digital securities infrastructure,"said Wook Lee, CEO of Edena Capital Partners."This joint venture enables us to connectIndonesia's270 million people to international capital markets while establishing the foundation for ASEAN's digital securities ecosystem. We're integrating this with our proven exchange operations inCambodiaand strategic partnerships inMalaysia."
Through Edena Capital Nusantara, the company will operate the"Edena Indonesia"STO exchange, cementing its position as the first international platform capturingIndonesia'sfirst STO sandbox opportunity and leading ASEAN's digital securities evolution.
ASEAN Digital Securities Leadership Strategy
EDENA'sIndonesiamarket entry strategy demonstrates regional advantages:
The platform will prioritize carbon credit tokenization – aligning with President Jokowi's Green Recovery initiatives andIndonesia's2030 carbon neutrality commitments, while building comprehensive digital securities capabilities establishingIndonesiaas ASEAN's innovation hub.
Advanced Infrastructure for Regional Growth
Operating fromSingaporewith regulatory expertise across ASEAN jurisdictions, EDENA has developed STO infrastructure for multi-jurisdiction compliance. The hybrid blockchain architecture enables regulatory adherence and cross-border transactions across different frameworks.
EDENA's approach centers on building integrated infrastructure connecting regional markets. With global STO market projected at$2.4 trillionby 2030, the company'sIndonesiaentry positions it to lead ASEAN's digital securities transformation and establish regional digital finance leadership.
SOURCE Edena Capital Partners