Crypto Exchange Platform "Mobee" Raises Fresh Funds Led 1982 Ventures

After obtaining a permit from the Commodity Futures Trading Regulatory Agency (Bappebti), the crypto exchange platform Mobee announced new funding led by 1982 ventures. with an undisclosed name. Also involved are other strategic investors from family companies to individuals.

Mobee was founded by Andrew Tjahyadikarta and Jeff Pradana in 2022. Both of them have experience and strong backgrounds in the financial sector. Andrew had previously worked at JP Morgan and had led the Kaja Group. Meanwhile, Jeff has worked at Lehman Brothers and Barclays Capital.

"We are very excited to launch the platform exchange This new technology allows Indonesian investors to easily access a variety of institutional-level investment products in digital assets and securities," said Mobee Co-Founder and CEO Andrew Tjahyadikarta in his official statement.

Mobee offers a variety of financial products for investors seeking passive income. The investment asset management is designed for more active investors, including crypto.

He said that the operational permit obtained from CoFTRA made it a platform digital exchanges The first in Indonesia to focus on targeting the qualified investor segment, family business owners and institutional institutions.

"Mobee fills a big gap in one of the fastest growing segments in financial services in Indonesia. Mobee is the only licensed crypto exchange platform in Indonesia to serve the largest and most active investors with institutional products," said Founding Managing Partner of 1982 Ventures Herston Powers.

New funding

Mobee will use the fresh funds to expand operations, launch new products, and recruit more professionals who already have experience in financial services and digital assets.

Currently, Mobee has established partnerships with a number of leading companies in the digital asset industry. Together with their team of crypto and TradFi experts, Mobee provides products that meet the highest standards in governance, risk management, compliance and service execution.

Some of the services provided by Mobee include, OTC trading (over-the-counter trading). In OTC trading, buyers and sellers negotiate the terms of a transaction, including price, quantity, and settlement date, among themselves, without relying on a centralized exchange to match buyers and sellers.

"Indonesia will be one of hub major cryptocurrencies globally. The framework that has been created by the regulator provides confidence for investors to increase their exposure to digital assets. We are currently working with key partners to deliver the product wealth management which can be relied upon to facilitate further adoption in our country," said Mobee Co-Founder and CIO Jeff Pradana.

Based on Bappebti data in February 2023, the total number of crypto investors in Indonesia reached 16,99 million people. This increase was driven by the value of crypto asset trading transactions of IDR 13,8 trillion, or a growth of 13,7% from January 2023 which amounted to IDR 12,14 trillion.