Eden Capital Partners Enters the Indonesian Digital Securities Market
On June 19, 2025, Edena Capital Partners, headquartered in Singapore, along with its Korean technology subsidiary Group KS, publicly declared their strategic entry into the Indonesian digital securities landscape. This landmark decision is propelled by the establishment of a joint venture named "Edena Capital Nusantara," formed in collaboration with prominent Indonesian partners. The initiative aims to spearhead the development of Security Token Offerings (STOs) in Southeast Asia's largest economy, marking a significant stride for Edena in the region.
The formalization of this joint venture took place during a signing ceremony held in Jakarta, with key figures from Edena Capital Partners including CEO Wook Lee and Co-CEO Chase S. Cho present. They were joined by Indonesian partners PT Dua Saudara Nusantara and PT Milkyverse Dunia Digital, highlighting a collaborative effort towards advancing digital securities in Indonesia. Other notable attendees included Rendy Ronaldy Bimantara, CEO of PT Dua Saudara Nusantara, and Yayang Ruzaldy, Co-Representative of the same firm.
A New Era for Digital Securities in ASEAN
Wook Lee, CEO of Edena Capital Partners, emphasized the importance of local partnerships in their strategy for entering the Indonesian market. “We are now positioned to enter Indonesia's inaugural STO exchange sandbox program and build a leading digital securities infrastructure in ASEAN,” he stated, showcasing Edena’s commitment to connecting Indonesia's 270 million citizens with international capital markets. This initiative will not only establish a robust digital securities ecosystem in the region but also integrate with Edena’s proven operations in Cambodia and strategic collaborations in Malaysia.
Moreover, through Edena Capital Nusantara, the company plans to leverage the forthcoming STO exchange named "Edena Indonesia." This platform is set to solidify Edena’s standing as the first international entity to tap into Indonesia’s pioneering STO sandbox, leading the charge in the evolution of digital securities within ASEAN.
Strategic Leadership in Digital Securities
Edena’s market entry acknowledges several key advantages that align with regional trends:
- - Strategic Partnership: Collaborating with market leaders in Indonesia enhances credibility and ensures relevance in local dynamics.
- - Regional Hub Development: Positioning Indonesia as a digital securities hub within ASEAN is a cornerstone of Edena's strategy.
- - Cross-border Integration: Facilitating Indonesia's connection to a broader ASEAN digital securities network builds a pathway for seamless regional transactions.
- - Comprehensive Asset Inclusion: Prioritizing the tokenization of carbon credits aligns with Indonesia's green recovery initiatives and the nation’s commitment to achieving carbon neutrality by 2030.
The platform will thus focus on the tokenization of carbon credits, integrating with President Jokowi's Green Recovery initiatives while establishing a full spectrum of digital securities capabilities that position Indonesia as an ASEAN innovation hub.
Advanced Architecture for Regional Growth
Operating from Singapore, Edena has developed a robust STO infrastructure capable of navigating multi-jurisdictional compliance. Leveraging a hybrid blockchain architecture ensures adherence to regulatory frameworks and facilitates cross-border transactions.
Edena’s approach significantly emphasizes creating an integrated infrastructure that unites regional markets, thus aligning with global STO market projections, which estimate a valuation of $2.4 trillion by 2030. By making its foray into Indonesia, Edena is poised to lead the digital securities transformation across ASEAN and reinforce regional digital financial leadership.
This strategic move can potentially redefine how investment transactions happen in Indonesia and beyond, ushering in a new digital era for financial services within Southeast Asia’s rapidly evolving market landscape.