PT Kustodian Koin Indonesia

What PT Kustodian Koin Indonesia does

PT Kustodian Koin Indonesia (ICC) is Indonesia's first OJK-licensed crypto asset custodian, incorporated in 2023 and headquartered in CFX Tower, South Jakarta. Under Indonesia's POJK No. 27 of 2024 regulatory framework, ICC functions as the custody pillar of the mandated "Three Pillars" market structure alongside PT Central Finansial X (CFX), the licensed crypto exchange, and PT Kliring Komoditi Indonesia (KKI), the clearing institution. The company serves the country's 26 OJK-whitelisted crypto traders (Pedagang Aset Keuangan Digital, or PAKD), which collectively account for all regulated crypto trading activity in the country.

ICC's core product is the secure storage, supervision, maintenance, and settlement/delivery of consumer crypto assets, with a regulatory mandate to hold at least 70% of consumer crypto assets at the custodian. The underlying technology stack centers on cryptographic security: Multi Party Computation (MPC) for distributed key management, cold wallet infrastructure for offline asset storage, multi-signature key distribution, advanced encryption protocols, secure authentication, and an Information Security Management System aligned to ISO/IEC 27001. The company conducts regular security audits and penetration testing, supports customizable client security policies, and operates continuous reconciliation processes with KKI and CFX to maintain asset sufficiency.

ICC operates as a pure B2B institutional service provider. Its revenue model is managed services — custody fees negotiated on a contract basis with each licensed PAKD — with no public pricing disclosed. Distribution is exclusively through direct enterprise relationships within the regulated ecosystem; there is no direct-to-consumer offering. Marketing is concentrated on the corporate website (coincustodian.id), corporate LinkedIn and Instagram channels, and earned media, with regulatory endorsement via OJK whitelist inclusion providing significant discoverability.

Name

PT Kustodian Koin Indonesia

Legal name

PT Kustodian Koin Indonesia

Website

https://coincustodian.id

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Kustodian Koin Indonesia (ICC) is Indonesia's first OJK-licensed crypto asset custodian, providing secure storage, supervision, and settlement of consumer crypto assets for the country's 26 licensed crypto exchanges and traders within the mandated Three Pillars structure.

Ownership category

akta.pro rank

Product category

Crypto Asset Custody Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Funds, Trusts, and Other Financial Vehicles (525)

SIC

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

akta.pro primary industry

Institutional Qualified Custody (Banks/Trust Companies) (FSADACAA)

akta.pro secondary industries

Proof of Reserves, Attestations & On-Chain Audit/Assurance (FSADALAK), Risk Management, Controls, Governance & Policy (Crypto) (FSADALAJ), Regulatory Reporting, Travel Rule & Recordkeeping (Crypto) (FSADALAI)

Keywords

• Crypto asset custody
• Digital asset storage
• Institutional custodian
• Regulated crypto depository
• Crypto settlement services

Headquarters

HQ city

South Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Others

Revenue model

1. Crypto Asset Custody Services: Revenue generated from providing secure storage, maintenance, and supervision of crypto assets for licensed crypto exchanges and traders (PAKD) operating in the Indonesian market. Services include digital financial asset storage, asset maintenance and supervision, and asset settlement and delivery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

PT Kustodian Koin Indonesia (ICC) is Indonesia's first OJK-licensed crypto asset custodian, providing secure digital financial asset storage, maintenance and supervision, and settlement and delivery services to licensed crypto exchanges and traders (PAKD). The company operates within the regulated 'Three Pillars' ecosystem alongside PT Central Finansial X (CFX) exchange and PT Kliring Komoditi Indonesia (KKI) clearing institution, and is mandated to hold at least 70% of consumer crypto assets using Multi Party Computation (MPC) and cold wallet technology.

Product overview

PT Kustodian Koin Indonesia (ICC) operates as a unified crypto asset custodianship platform offering integrated services for digital financial asset storage, maintenance, supervision, and settlement. The core product is the Digital Financial Asset Storage service, supported by Asset Maintenance and Supervision, Asset Settlement and Delivery, and Crypto Asset Custody Flow modules. Security is delivered through Secure Encryption and Authentication, Multi-Sig Key Distribution, Compliant Custodianship, Regular Security Audits and Penetration Testing, and Customizable Security Policies. The platform operates under the 'Three Pillars' market structure alongside PT Central Finansial X (CFX) exchange and PT Kliring Komoditi Indonesia (KKI) clearing institution, serving Indonesian crypto market participants.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Financial Asset Storage including Crypto Assets Secure storage and safekeeping of digital financial assets and crypto assets for licensed crypto exchanges and traders (PAKD), with encrypted data protection and verified user identity access controls. ICC is mandated to hold at least 70% of consumer crypto assets under OJK regulations.
• Asset Maintenance and Supervision Continuous monitoring and management of stored crypto assets for licensed exchanges and traders, guaranteeing asset security and availability at all times, with advanced encryption protocols to maintain user data confidentiality.
• Asset Settlement and Delivery Digital asset settlement and delivery services supporting smooth transactions throughout the Indonesian crypto asset trading ecosystem, minimizing risk while maintaining integrity of every trading process through coordination with the clearing institution (KKI) and exchange (CFX).

Quantifiable outcome

• 70% of consumer crypto assets from PAKD stored in ICC custody
• +1 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• PT Central Finansial X (CFX)coreStrategic or Co-development PartnerCFX is the licensed crypto exchange/bursa (Bursa Aset Keuangan Digital) operating as part of the Three Pillars ecosystem together with ICC (custodian) and KKI (clearing). ICC coordinates with CFX for asset reconciliation and ecosystem integration. Located at CFX Tower where ICC also has its headquarters.
• PT Kliring Komoditi Indonesia (KKI)coreStrategic or Co-development PartnerKKI is the licensed clearing institution (Lembaga Kliring Penjaminan dan Penyelesaian Perdagangan AKD) in the Three Pillars ecosystem. ICC actively coordinates with KKI to reconcile consumer crypto assets and ensure regulatory compliance with the 70% asset storage requirement.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Anchorage Digital: Federally chartered crypto bank in the US providing institutional qualified custody, settlement, and staking for digital assets. Highly comparable regulatory-first model to ICC, although operating in a different jurisdiction with a broader asset offering.
• Hex Trust: Asia-focused institutional digital asset custodian licensed in Hong Kong, providing custody, staking, and brokerage services with proprietary technology (Custody-as-a-Service). Closest regional comparable to ICC in terms of regulated Asian crypto custody.
• Komainu: Institutional digital asset custody joint venture backed by Nomura, Ledger, and CoinShares, providing segregated qualified custody to institutional clients. Comparable institutional crypto custody peer with strong regulated-bank DNA similar to ICC's OJK regulatory anchor.
• Cobo: Asia-based institutional digital asset custody and wallet infrastructure provider offering MPC, cold, and hot custody to exchanges and institutional clients. Comparable institutional crypto custody competitor with strong APAC presence.
• Fireblocks: Provides institutional digital asset custody infrastructure using MPC technology, serving exchanges, trading desks, and fintechs. Comparable to ICC on technology architecture (MPC) and institutional exchange customer base.
• BitGo: Leading institutional qualified custodian for digital assets offering cold storage, MPC, and multi-sig solutions to exchanges, traders, and funds globally. Direct comparable to ICC's institutional crypto custody offering for licensed exchange clients.

Broad incumbents

• Gemini Trust Company: US NYDFS-regulated trust company providing institutional crypto custody and settlement services. Comparable in being a regulated trust company providing qualified custody for crypto, though operating as a broader exchange-plus-custody incumbent.
• Fidelity Digital Assets: Subsidiary of Fidelity Investments providing institutional qualified custody and trading execution for bitcoin and other digital assets. A broad incumbent comparable on the institutional qualified custody axis, though with a global and US-centric footprint.
• Coinbase Custody: Qualified custodian arm of Coinbase, providing cold-storage custody services to institutional clients including exchanges, hedge funds, and corporates. Operates as a broader incumbent with deeper capital base and global compliance footprint than ICC.

Emerging players

• BitMEX (custody services): While primarily an exchange, Bitmex operates digital asset custody-adjacent services and infrastructure. Relevant peer given its focus on institutional exchange participants similar to ICC's PAKD customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/indonesia-coin-custodian
• Instagraminstagram.com/indonesiacoincustodian

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 PT Kustodian Koin Indonesia