Bybit launches local platform in Indonesia after acquiring NOBI, listing 500 trading pairs in first batch
2026-07-17 04:23
Odaily Odaily reports that crypto exchange Bybit has announced the launch of its local operational platform in Indonesia after acquiring a majority stake in digital asset company PT Enkripsi Teknologi Handal. PT Enkripsi Teknologi Handal, formerly known as NOBI, has been renamed Bybit Indonesia following the completion of the transaction.
Bybit stated that it will roll out its services in phases, with the first batch listing 500 cryptocurrency trading pairs. Bybit Indonesia will be led by Lawrence Samantha as CEO and Dionisius Evan as COO, both of whom were former executives at NOBI.
According to data from the Indonesian Financial Services Authority, as of February 2026, Indonesia had 21.07 million registered crypto asset users, with total crypto transaction volume reaching $26.85 billion in 2025. As of April, Indonesia had licensed 31 crypto-related entities, including PT Enkripsi Teknologi Handal.
Bybit stated that it will roll out its services in phases, with the first batch listing 500 cryptocurrency trading pairs. Bybit Indonesia will be led by Lawrence Samantha as CEO and Dionisius Evan as COO, both of whom were former executives at NOBI.
According to data from the Indonesian Financial Services Authority, as of February 2026, Indonesia had 21.07 million registered crypto asset users, with total crypto transaction volume reaching $26.85 billion in 2025. As of April, Indonesia had licensed 31 crypto-related entities, including PT Enkripsi Teknologi Handal.
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