PT Central Finansial X (CFX)
Indonesia's sole OJK-licensed physical crypto exchange, providing spot and perpetual derivatives trading infrastructure routed through 22 licensed PAKD members and futures broker partners, with proprietary CFX10 Index and emerging asset tokenization services.
- Company typePrivate
- Founded2023
- HeadquartersSouth Jakarta, Indonesia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What PT Central Finansial X (CFX) does
PT Central Finansial X (CFX) operates Indonesia's sole licensed physical crypto asset exchange, supervised by the Otoritas Jasa Keuangan (OJK) following its inauguration on 1 August 2023 and reaffirmed by an OJK Approval Confirmation Letter in February 2025. The platform offers spot crypto trading, perpetual derivatives, and a proprietary benchmark product, the CFX10 Index, and is integrated with PT Kliring Komoditi Indonesia for clearing and PT Kustodian Koin Indonesia for custody. CFX is ISO 27001:2022 certified for information security management.
CFX operates a B2B2C go-to-market: it does not serve retail traders directly but instead onboards licensed PAKD (Pedagang Aset Keuangan Digital) members and additional SPAB-designated futures brokers such as PT PG Berjangka and PT Jalatama Artha Berjangka as distribution channels. Twenty-two PAKD members including Pintu, Pluang, Ajaib, and Indodax route customer order flow through CFX's matching engine, with membership recently consolidated via the revocation of non-compliant members Tokocrypto and Floq.
The business model combines transaction-based fees on spot and derivatives volume, periodic PAKD membership and listing fees, and emerging revenue lines from benchmark licensing (CFX10 Index) and, prospectively, real-world asset tokenization under a 2026 framework partnership with OJK. The company is headquartered in Jakarta with 47 employees and operates under a single national regulatory license that constitutes its primary competitive barrier.
PT Central Finansial X (CFX) firmographics
Firmographics- Name
- PT Central Finansial X (CFX)
- Legal name
- PT Central Finansial X
- Website
- https://cfx.co.id
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Indonesia's sole OJK-licensed physical crypto exchange, providing spot and perpetual derivatives trading infrastructure routed through 22 licensed PAKD members and futures broker partners, with proprietary CFX10 Index and emerging asset tokenization services.
- Ownership category
- akta.pro rank
PT Central Finansial X (CFX) industry classification
Industry- Product category
- Crypto Exchange / Digital Financial Asset Bourse
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)
- akta.pro secondary industry
- Crypto-Digital Asset Market Making (Spot & Derivatives) (FSACANAJ)
Keywords
Where PT Central Finansial X (CFX) is headquartered
LocationHeadquarters
- HQ city
- South Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
PT Central Finansial X (CFX) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Trading Transaction Fees: CFX generates revenue through transaction fees from crypto asset spot trading and derivative contract trading executed on its exchange platform by registered Digital Financial Asset Traders (PAKD) and exchange members.
- Digital Financial Asset Listing: Revenue derived from the listing and maintenance of crypto assets on the exchange, including the registration of new digital financial assets and derivative crypto assets through CFX's On-Demand listing application path.
- Exchange Membership Fees: Fees from brokers and trading members who obtain Exchange Member Approval Letters (SPAB) to facilitate trading in derivative products and crypto assets through the CFX platform.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
PT Central Finansial X (CFX) product offering
Product offeringCore offering
PT Central Finansial X (CFX) operates Indonesia's sole licensed crypto exchange (bourse), providing spot trading of registered digital financial assets (including Bitcoin, Ethereum, BNB, XRP, Solana, and others) and perpetual crypto derivatives. The exchange also offers the CFX10 Index, Indonesia's first crypto asset benchmark covering the top ten listed crypto assets, and operates exchange membership infrastructure for licensed PAKD members and futures broker partners.
Product overview
PT Central Finansial X (CFX) operates as Indonesia's only licensed crypto exchange offering a unified platform for digital financial asset trading. The product portfolio consists of three core offerings: (1) Crypto Asset Trading for spot trading of registered cryptocurrencies, (2) Perpetual Crypto Derivatives for leveraged futures contracts, and (3) the CFX10 Index providing a transparent benchmark for the Indonesian crypto market. Supporting these core products are market data tools including the CFX Reference Index, daily trading summaries, and registered asset lists. CFX is regulated and supervised by the Financial Services Authority (OJK) under POJK No. 27 of 2024, ensuring all trading activities comply with applicable regulations.
Differentiator
Problem solved
Functional benefit
Products and services
- Crypto Asset Spot Trading Spot trading platform for registered digital financial assets (crypto assets) executed through licensed Digital Financial Asset Traders (PAKD) members, enabling buy and sell transactions of major cryptocurrencies under OJK-supervised market infrastructure.
- Perpetual Crypto Derivatives Perpetual futures contracts for crypto assets, allowing market participants to conduct leveraged transactions for hedging against crypto price volatility or speculating on price movements with flexible investment strategies.
- CFX10 Index Indonesia's first crypto asset index measuring the performance of the ten leading crypto assets (Bitcoin, Ethereum, BNB, XRP, Solana, TRON, Dogecoin, Hyperliquid, Bitcoin Cash, Cardano) included in the Digital Financial Assets List (DAKD), built on a transparent methodology to provide a credible market benchmark.
- Digital Financial Asset Listing Service On-Demand listing and registration service for new digital financial assets and derivative crypto assets on the CFX exchange, establishing which crypto assets are approved for trading under the Digital Financial Assets List (DAKD).
- Exchange Membership (SPAB) Membership service issuing Exchange Member Approval Letters (SPAB) to licensed brokers and futures trading members, enabling them to facilitate derivative product trading and act as exchange members on the CFX platform.
Quantifiable outcome
- IDR 73.8 Trillion in crypto derivatives transactions since launch
- +1 more outcomes
Companies that use PT Central Finansial X (CFX)
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
PT Central Finansial X (CFX) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
PT Central Finansial X (CFX) partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and minor.
- Otoritas Jasa Keuangan (OJK)coreCFX is regulated and supervised by the Financial Services Authority (OJK) under Approval Confirmation Letter No. S-7/D.07/2025, dated February 1, 2025. CFX adheres to POJK No. 27 of 2024 on Digital Financial Asset Trading including Crypto Assets. The partnership ensures compliance with all applicable laws and regulatory oversight of the Indonesian crypto market.
- PT Kustodian Koin IndonesiacoreCFX partners with PT Kustodian Koin Indonesia for secure custody of consumer funds and digital assets. As an independent third-party custodian, KKI ensures that customer assets are held securely separate from CFX's operational funds, enhancing consumer protection and regulatory compliance.
- PT Kliring Komoditi IndonesiacoreCFX collaborates with PT Kliring Komoditi Indonesia for clearing and settlement services of crypto derivative transactions. The clearing partner ensures transaction integrity and risk management for derivative contracts traded on the CFX exchange.
- Bappebti (Commodity Futures Trading Supervisory Agency)coreBappebti established the National Crypto Asset Futures Exchange through Head of Bappebti Decree No. 01/BAPPEBTI/SP-BBAK/07/2023, appointing PT Bursa Komoditi Nusantara (now CFX). Bappebti continues to oversee CFX's operations and the implementation of crypto derivative products.
- PintucorePintu is a licensed Digital Financial Asset Trader (PAKD) and registered exchange member facilitating retail crypto trading on the CFX platform. Pintu provides crypto trading services to Indonesian retail investors through its mobile application.
- PluangcorePluang is a licensed Digital Financial Asset Trader (PAKD) and registered exchange member facilitating retail crypto trading on the CFX platform, providing trading services to Indonesian investors.
- AjaibcoreAjaib is a licensed Digital Financial Asset Trader (PAKD) and registered exchange member offering crypto trading services to Indonesian retail investors through the CFX exchange.
- IndodaxcoreIndodax is a licensed Digital Financial Asset Trader (PAKD) and registered exchange member providing crypto trading services to Indonesian investors on the CFX platform.
- Bybit IndonesiacoreBybit Indonesia operates as a licensed Digital Financial Asset Trader (PAKD) and registered exchange member on CFX, offering crypto trading services to Indonesian retail and institutional investors.
- LunocoreLuno is a licensed Digital Financial Asset Trader (PAKD) and registered exchange member facilitating crypto trading on the CFX platform for Indonesian investors.
- PT PG BerjangkamajorPT PG Berjangka received the Exchange Member Approval Letter (SPAB) from CFX to become a strategic broker facilitating trading in derivative products in Indonesia. PT PG Berjangka is one of three initial brokers to receive SPAB alongside PT Jalatama Artha Berjangka and PT Pasar Forex dan Komoditi Berjangka.
- PT Jalatama Artha BerjangkamajorPT Jalatama Artha Berjangka received the Exchange Member Approval Letter (SPAB) from CFX to facilitate derivative product trading. One of three initial brokers to obtain SPAB, with seven additional brokers in process as of September 2024.
- PT Pasar Forex dan Komoditi BerjangkamajorPT Pasar Forex dan Komoditi Berjangka received the Exchange Member Approval Letter (SPAB) from CFX to facilitate derivative product trading as one of the initial three strategic broker partners.
- University of Indonesia (Faculty of Economics and Business)minorCFX and the Financial Services Authority provide education on crypto assets to students of the Faculty of Economics and Business, University of Indonesia. This collaboration supports crypto asset literacy and industry education.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
PT Central Finansial X (CFX) competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights7 records
Customer concentration
PT Central Finansial X (CFX) social profiles
Digital presencePT Central Finansial X (CFX) compliance and trust
Trust signalCompliance1 record
PT Central Finansial X (CFX) financial estimates
Financial estimateRevenue estimate
Valuation estimate
PT Central Finansial X (CFX) leadership team
Management profileNumber of profiles
Profiles6 records
PT Central Finansial X (CFX) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PT Central Finansial X (CFX) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PT Central Finansial X (CFX)
What does PT Central Finansial X (CFX) do?
PT Central Finansial X (CFX) operates Indonesia's sole licensed crypto exchange (bourse), providing spot trading of registered digital financial assets (including Bitcoin, Ethereum, BNB, XRP, Solana, and others) and perpetual crypto derivatives. The exchange also offers the CFX10 Index, Indonesia's first crypto asset benchmark covering the top ten listed crypto assets, and operates exchange membership infrastructure for licensed PAKD members and futures broker partners.
Is PT Central Finansial X (CFX) a public or private company?
PT Central Finansial X (CFX) is a private company. It is classified as unknown and is currently operating.
When was PT Central Finansial X (CFX) founded?
PT Central Finansial X (CFX) was founded in 2023. It employs 11 to 50 people.
Where is PT Central Finansial X (CFX) based?
PT Central Finansial X (CFX) is headquartered in South Jakarta, Indonesia, in the Asia region.
How does PT Central Finansial X (CFX) make money?
Three revenue lines are on record. Trading Transaction Fees are the primary driver. The others are digital Financial Asset Listing and exchange Membership Fees.
Does PT Central Finansial X (CFX) have an API?
No public API is recorded for PT Central Finansial X (CFX).
What industry is PT Central Finansial X (CFX) in?
PT Central Finansial X (CFX)'s product category is Crypto Exchange / Digital Financial Asset Bourse. Its primary akta.pro industry code is FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine), with a secondary code of FSACANAJ, Crypto-Digital Asset Market Making (Spot & Derivatives). Its NAICS code is 523210 and its SIC code is 6200.