Bybit to Launch Indonesia Platform Following Majority Acquisition of NOBI
The platform will start with more than 500 trading pairs and add services in phases under Indonesia’s Financial Services Authority supervision.
- On Wednesday, July 15, 2026, Bybit launched Bybit Indonesia, a locally regulated platform under the Financial Services Authority , following its majority acquisition of PT Enkripsi Teknologi Handal, formerly known as NOBI.
- This move reflects Bybit's regulatory-first expansion strategy, with CEO Lawrence Samantha, COO Dionisius Evan, and CMO Steven Gotama leading the locally based management team to ensure compliance and market familiarity.
- Bybit Indonesia will introduce services in stages beginning with more than 500 trading pairs, supported by institutional-grade liquidity and market surveillance systems aligned with local requirements and global standards.
- Regulators licensed 31 crypto-related entities by March as authorities increased oversight, prompting global exchanges like BTSE to adopt locally compliant structures to expand in Indonesia's growing digital asset market.
- Indonesia represents a long-term strategic market for Bybit, with crypto transactions reaching IDR22.24 trillion in March, as the company prioritizes education through Bybit Learn and sustainable growth aligned with OJK requirements.
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PR Newswire
Bybit to Launch Indonesia Platform Following Majority Acquisition of NOBI
/PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched a locally operated platform in Indonesia following...
Bybit expands into Indonesia with locally run platform after NOBI deal
Bybit announced the launch of a platform that will be operated locally in Indonesia, after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. With the deal finalized, NOBI was rebranded as Bybit Indonesia and the exchange plans to roll out its services in a phased manner, starting with 500 cryptocurrency trading pairs. The platform will be led by Lawrence Samantha as CEO and Dionisius Evan as c…
Bybit Launches Regulated Indonesia Platform Following Majority Acquisition Of NOBI
Cryptocurrency exchange Bybit established a fully regulated local operation in Indonesia after completing a majority acquisition of PT Enkripsi Teknologi Handal, previously known as NOBI. The newly formed entity, Bybit Indonesia, now functions under the direct oversight of Otoritas Jasa Keuangan (OJK), marking a significant step in the exchange’s compliance-driven international growth. The expansion into Indonesia follows Bybit’s regulatory-firs…
Global crypto exchange Bybit has officially expanded its operations to Indonesia through the acquisition of a majority stake in PT Enkripsi Teknologi Handal, formerly known as NOBI.
Bybit Launches Indonesian Platform After Acquiring Majority Stake in NOBI
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a locally operated platform in Indonesia following its majority acquisition of PT Enkripsi Teknologi Handal (formerly NOBI). The move establishes Bybit Indonesia as a regulated local entity operating under the supervision of Otoritas Jasa Keuangan (OJK). The move reflects Bybit’s regulatory-first expansion strategy, under which the company enters new market…
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