What SafeX does

SafeX is a privately held, for-profit professional services firm headquartered in DKI Jakarta, Indonesia, founded in 2021. According to the firmographic profile, the company provides training, consulting, and professional services in the Health, Safety, Environment, and Quality (HSE/Q) domain, operating with a team of 11–50 employees and an Indonesian web presence at safex.id. The business model is consistent with a knowledge- and labor-intensive professional services practice: revenue is generated through billable consulting engagements and training program delivery, with no disclosed pricing tiers, subscription offerings, productized software, or anchor customer logos in the source data.

The company's core offering is human-delivered HSE/Q expertise rather than a technology product. No technology stack, integrations, API surfaces, or proprietary platforms are disclosed, and there is no indication that SafeX operates a SaaS, marketplace, or licensed-IP model. Customer segments are not enumerated, and the segmentation approach is described only as "Horizontal" in the source — consistent with cross-industry HSE/Q compliance and training demand rather than a vertical specialization. No funding rounds, acquisitions, partnerships, awards, regulatory actions, or leadership changes are recorded.

A material data-integrity note: the aggregated source blocks additionally reference a "SafeX Virtual Asset Exchange" — a cryptocurrency trading platform allegedly operating in Singapore that was the victim of an unauthorized US$6.9 million (S$8.8 million) cryptocurrency theft between June and August 2025. This reference conflicts with the firmographic profile on geography (Singapore vs. Jakarta), sector (crypto exchange vs. HSE/Q consulting), and trade name. Based on the precedence rule of preferring first-party, consistent firmographic data, the investment analysis above treats SafeX as the Jakarta-based HSE/Q professional services firm; the Virtual Asset Exchange reference is most plausibly a data aggregation error involving a different entity using the same name.

Name

SafeX

Website

https://safex.id

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

SafeX is a Jakarta, Indonesia-based professional services firm, founded in 2021 with 11–50 employees, that delivers training, consulting, and advisory in the Health, Safety, Environment, and Quality (HSE/Q) domain.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Centralized Crypto Exchanges (CEX) (FSAPADAA)

akta.pro secondary industry

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)

Keywords

• Cryptocurrency exchange
• Virtual asset trading
• Digital asset platform
• Crypto custody services
• Digital currency exchange

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales

Core offering

SafeX operates as a Virtual Asset Exchange platform that enables cryptocurrency trading and digital asset storage. The platform facilitates the buying, selling, and custody of cryptocurrencies such as Bitcoin and Ethereum, and operates in Southeast Asia with a primary market in Singapore.

Product overview

SafeX operates as a cryptocurrency virtual asset exchange platform. The company provides a single unified product offering focused on cryptocurrency trading services, allowing users to buy, sell, and store digital currencies. The SafeX Virtual Asset Exchange appears to be the primary and only product mentioned in available sources.

Differentiator

Problem solved

Functional benefit

Products and services

• SafeX Virtual Asset Exchange

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Expansion highlights2 records

Broad incumbents

• Coinbase: Largest publicly listed centralized US-based crypto exchange. Directly comparable in core offering (CEX spot trading and custody) but operates at vastly greater scale and with full US regulatory licensure.
• Kraken: Established global centralized crypto exchange with spot trading and staking. Comparable core product to SafeX but operates at institutional scale with extensive regulatory licensing across multiple jurisdictions.
• Binance: The largest centralized crypto exchange globally by volume. Comparable as a CEX serving retail and institutional clients, with a broad altcoin listing and custody offering that overlaps SafeX's Bitcoin/Ethereum spot product.

Direct peers

• KuCoin: Global centralized crypto exchange with broad altcoin spot trading. Comparable in product mix (multi-asset CEX) and target customer (retail crypto traders), though KuCoin has faced its own major security incident, making it a useful precedent.
• Crypto.com: Centralized crypto exchange with active Singapore operations and a Singapore MAS major payment institution license. Closely comparable as a regulated CEX targeting the same retail crypto-trading customer base in Singapore/SEA.
• Gemini: US-based, NYDFS-regulated centralized crypto exchange offering spot trading and qualified custody. Comparable as a compliance-led CEX targeting retail and institutional clients with a similar regulated-venue positioning.
• Bitstamp: Europe-headquartered centralized crypto exchange with long operating history and multiple regulatory licenses. Comparable in product focus (spot BTC/ETH) and posture as a regulated retail CEX serving similar trading-oriented customers.

Regional players

• Coinhako: Singapore-headquartered centralized crypto exchange with MAS in-principle approval. Direct comparable in geography, customer base (Singapore/SEA retail), and product (BTC/ETH spot trading and wallet services).
• Independent Reserve: Singapore-based MAS-licensed centralized crypto exchange serving retail and institutional clients. Direct regional peer with the same product (spot crypto trading and custody) under the same Singapore regulatory framework.
• Luno: SEA-focused centralized crypto exchange with strong presence in Indonesia, Malaysia, Nigeria, and South Africa. Direct regional peer — same horizontal product (BTC/ETH spot trading) and overlapping SEA customer base given SafeX's Indonesia roots.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SafeX