Saison Capital, the venture arm of Credit Saison from Japan, has partnered with BRI Ventures, the corporate venture subsidiary of Bank Rakyat Indonesia (BRI), and Coinvestasi, a leading Indonesian crypto and blockchain media platform, to officially launch Tokenize Indonesia. The initiative aims to identify, fund, and support startups innovating in blockchain and real world asset (RWA) tokenization.

The program runs from April to August 2025. Selected startups will implement proof-of-concept (POC) projects with major Indonesian corporations, including financial institutions such as BRI Ventures and MDI Ventures.

Finalists from the program will showcase their innovations at Coinfest Asia 2025, Asia’s largest crypto event, taking place on August 21–22 in Bali.

The launch of Tokenize Indonesia was announced at ONCHAIN 2025, an annual conference hosted by Saison Capital in collaboration with D3 Labs, Helix, and Emurgo. Held in Bangkok, this year’s conference attracted more than 500 participants, including investors, founders, and RWA industry leaders from traditional finance and fintech.

Qin En Looi, Partner at Saison Capital, stated, “Despite current market volatility, we remain active investors in blockchain startups solving real-world financial problems. It is crucial for us to align with key partners to amplify support for founders addressing enterprise challenges, and we are pleased to find like-minded partners in BRI Ventures and Coinvestasi.”

Indonesia Emerges as a Key Market for Blockchain and Tokenization

Indonesia is considered one of the most dynamic blockchain markets in the region, fueled by a young population, rising middle class, and the expansion of digital payment systems.

According to Project Wira, a joint report by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research, blockchain has significant potential to revolutionize Indonesia’s financial infrastructure. The report reveals that 7% of the population currently holds digital assets, surpassing the number of retail investors on the Indonesia Stock Exchange (IDX).

Tokenization efforts are gaining traction in areas such as digital currency, commodities, bonds, carbon credits, and real estate. The demand for asset tokenization in Indonesia is projected to reach US$88 billion by 2030.

Institutional Backing Strengthens Support for Blockchain Startups

Markus Liman Rahardja, Chief Investment Officer at BRI Ventures, reaffirmed the institution’s commitment to supporting collaboration between established financial institutions and innovative technology startups.

“Our goal is to foster meaningful collaboration between mature financial institutions and innovative tech partners. By connecting these two worlds, we aim to catalyze sustainable growth, advance financial inclusion, and accelerate digital asset adoption throughout Indonesia,” he said.

Steven Suhadi, Founder of Coinvestasi, emphasized the strategic importance of connecting global blockchain initiatives with the growing local ecosystem.

“With over 20 million crypto users, Indonesia ranks third globally in web3 adoption—a clear reflection of a thriving ecosystem. We’re witnessing rapid growth in developer talent, institutional involvement, and regulatory clarity. At Coinvestasi, our role is to bridge the ecosystem, facilitate dialogue, share insights, and enable partnerships that move the industry forward,” Suhadi said.

PHOTO: UNSPLASH/SLIDEBEAN

This article was created with AI assistance.