CFX Boosts Crypto Asset Literacy for the Young Generation

Tangerang, 25 February 2025 – PT Central Finansial X (CFX), the world’s first crypto bourse licensed and supervised by the Indonesian Financial Services Authority (OJK), is committed to enhancing public literacy regarding crypto assets as investment vehicles. Through CFX Connect, the company aims to accelerate crypto asset adoption among the Indonesian community, particularly the younger generation.

CFX President Director Subani stated that this initiative to promote crypto asset literacy within an academic setting is a first for CFX. According to Subani, the program at Binus Alam Sutera University exemplifies CFX’s commitment to fostering the growth of a robust and integrity-driven crypto asset industry.

“CFX aims to develop educational and awareness campaigns through seminars and collaborations with academics to enhance public understanding of crypto assets. Furthermore, we want to introduce the concept of risk management in crypto asset investing, including portfolio diversification. This is particularly crucial for the younger generation, as they are key to expanding crypto adoption and inspiring other generations to learn about and understand crypto assets,” Subani explained in Tangerang on Tuesday, February 25, 2025.

Data from the Commodity Futures Trading Supervisory Agency (Bappebti) indicates that approximately 62% of crypto asset users in Indonesia are between 18 and 30 years old. Of this demographic, Generation Z (aged 18-24) comprises 26.9%, or 5.73 million users, while Millennials (aged 25-30) account for 35.1%, or 7.47 million users.

“We hope that this CFX initiative at Binus Alam Sutera will provide valuable information and knowledge about digital financial assets, including crypto assets. Ultimately, we aim to equip students with the knowledge and skills necessary to enter the job market in fields related to fintech, blockchain technology, information security, and other relevant areas,” Subani added.

Subani highlighted the rapid year-on-year growth of the crypto asset ecosystem in Indonesia. CFX now operates as a Self-Regulatory Organization (SRO) alongside PT Kliring Komoditi Indonesia (KKI) and PT Kustodian Koin Indonesia (ICC). The presence of these three entities is vital to enhancing security and trust among crypto asset users in Indonesia.

“Regarding growth, we anticipate stronger trading volume this year compared to 2024. This increase could be substantial due to the introduction of new crypto derivative products in the fourth quarter of 2024. We expect significant contributions from crypto derivatives this year, as trading will occur throughout the entire year, unlike last year when it was limited to one quarter,” Subani elaborated.

The number of crypto investors in Indonesia continues to rise. The Financial Services Authority (OJK) reported that as of December 2024, the number reached 22.91 million, up from 22.1 million the previous month. During the same period, the transaction value of crypto assets increased by 15.58% month-on-month to IDR 94.08 trillion.

Comparing the transaction value of crypto assets in 2023 with 2024 reveals an increase of more than four times, with the total value reaching IDR 650.6 trillion in 2024

About CFX Indonesia

PT Central Finansial X (CFX) is a government-regulated crypto futures exchange focused on nurturing Indonesia’s digital asset market. With a mission to build secure infrastructure, ensure regulatory compliance, and foster innovation, CFX aims to lead the industry by creating a safe, innovative, and inclusive digital assets ecosystem.

Further Information:
Rimba Laut
rimba.laut@cfx.co.id

CFX Indonesia

CFX Tower 8th Floor Jl. Gatot Subroto No. 35-36, RT 6 / RW 3, East Kuningan, Setiabudi, South Jakarta, Indonesia 12950