Binance will launch a new exchange in Indonesia

The largest exchange in the world plans to launch another branch in Indonesia to expand the blockchain ecosystem in this jurisdiction.

To this end, the company will partner with a consortium led by MDI Ventures. It is a division of Telkom Indonesia, which is the largest investor in the IT sector. The company's global investment portfolio consists of $ 830 million.

According to the CEO of cryptocurrency exchange Binance, the main task of the exchange is to develop the ecosystem of blockchain and cryptocurrencies, and Indonesia is currently an excellent springboard for the introduction of new technologies. Thanks to this, the state will be able to become one of the leading centers of blockchain technologies throughout Southeast Asia.

Blockchain is an important part of the financial and digital infrastructure of the future, according to MDI CEO. Therefore, the research and technology investment company entrusted to him sees great promise in this.

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