Edena Capital Partners Enters Indonesia's Digital Securities Market with PROG Holdings Collaboration
- Edena Capital Partners launches Edena Capital Nusantara to enter Indonesia's digital securities market with local partners.
- The "Edena Indonesia" STO exchange aims to connect Indonesia with international capital markets and enhance digital asset adoption.
- Edena Capital Partners leverages experience from Cambodia and Malaysia to foster a sustainable digital securities market in ASEAN.
Edena Capital Partners Expands into Indonesian Digital Securities Market
Edena Capital Partners, a Singapore-based investment firm, officially enters the burgeoning Indonesian digital securities market with its new joint venture, Edena Capital Nusantara. This strategic collaboration with local entities PT Dua Saudara Nusantara and PT Milkyverse Dunia Digital was formalized during a signing ceremony held in Jakarta on June 19, 2025. With Indonesia being the largest economy in the ASEAN region and home to approximately 270 million people, this venture is poised to tap into a vast market for digital securities, particularly through the development of Security Token Offering (STO) exchanges.
The joint venture will spearhead the operation of the "Edena Indonesia" STO exchange, which is set to be the first international platform to leverage Indonesia's inaugural STO sandbox program. Wook Lee, CEO of Edena Capital Partners, highlights that this initiative not only provides a gateway for Indonesia to connect with international capital markets but also lays the foundation for a broader digital securities ecosystem across Southeast Asia. The establishment of this exchange is expected to foster innovation in financial technology and promote the adoption of digital assets in the region.
Edena Capital Partners brings valuable experience from its previous operations in Cambodia and strategic alliances in Malaysia, which will be instrumental in enhancing its market presence in Indonesia. The collaboration with local partners signifies a commitment to developing a robust digital securities infrastructure and leading the evolution of this sector. The presence of key stakeholders at the signing ceremony underscores the importance of this venture in establishing a competitive edge in the fast-evolving digital finance landscape.
In addition to the joint venture, Edena Capital Partners is focused on creating synergies that will benefit the entire ASEAN region. By integrating local knowledge with its international expertise, the company aims to promote a sustainable digital securities market that attracts both local and foreign investors. This initiative represents a significant opportunity for Indonesia to position itself as a leader in the digital finance sector, further enhancing its economic growth and technological advancement.
The establishment of Edena Capital Nusantara not only marks an important milestone for Edena Capital Partners but also signifies a shift in Indonesia's financial landscape. As the country embraces digital transformation, the move could catalyze further developments in financial regulation and innovation, paving the way for a more inclusive and diverse financial ecosystem in Southeast Asia.
