GoTo, the Indonesian e-commerce and technology company, recently acquired PT Kripto Maksima Koin, a local crypto exchange, in an effort to diversify its assets. For Indonesia, the fourth most populous nation in the world, the deal represents a turning point in the fusion of traditional finance and cryptocurrencies. GoTo declined to provide any specifics for the future of PT Kripto Maksima Koin, but in a formal statement, its executives described the transaction as a component of their efforts to create “a diverse money management hub.”
Indonesian E-commerce Giant Buys Local Crypto Exchange For $8 Million
