PT Indokripto Koin Semesta (COIN), Indonesia’s first crypto exchange holding company, surged 35% on its trading debut on July 9, 2025. The company raised IDR 231.6 billion by offering 2.2 billion shares, or 15% of its equity, to support its crypto exchange unit (CFX) and custodian service (ICC). This historic IPO marks Indonesia’s first crypto-related public listing under the Financial Services Authority (OJK), signaling increased regulation and investor trust in digital assets. The strong market response highlights growing institutional interest and optimism in Indonesia’s evolving crypto landscape. COIN is now positioned as a major player in the regulated crypto economy.