Blockchain

Reku, set, go: $11M for an Indonesian crypto exchange

September 16, 2022
Reku

Say hi to Reku. This Indonesian crypto exchange just raised an $11M Series A led by AC Ventures! Now, what sets them apart from the rest?

  • You may know them by their old name, Rekeningku. (What's with all the new names these days?)

Investor check. Coinbase Ventures and Skystar Capital also joined in.

  • Founded in 2017, it's their first round of external funding.
  • They're also ✨ profitable ✨.


⚙️ How it works

Just register, deposit and start trading! What do they do differently? They're here for both rookies and experienced traders.

  • Growing with you. They actively guide you from the beginning of your crypto journey until you become an expert and support you with what you need at both stages.

Get low. They claim to have the lowest fees among crypto exchanges in Indonesia.

You'll be safe here. They focus on the most credible tokens that have a good amount of liquidity to add an extra layer of safety beyond their safety features. (Shoutout to LUNA, whose founder was just issued an arrest warrant...)

  • They've got Bitcoin, Ethereum, Solana, USDT, USDC and more.
  • They're also fully compliant with Indonesia's commodities future trading agency, BAPPEBTI.


😮 Zoom out

Crypto's big in Indonesia, placing among the top 10 globally. Crypto transactions hit $60B last year — and Reku processed $3B of that!

  • As of June 2022, there are 15M crypto users in Indonesia.


💰 What's with the $$$?

They'll be adding 50 more team members to their 80-strong team. Oh, and they'll be staying laser-focused on security, compliance, efficiency and scalability.

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