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Tokocrypto announces new CEO amid rapid growth

Tokocrypto, an Indonesian cryptocurrency exchange, has appointed Calvin Kizana as its new CEO.

With experience in leading and founding startups, he will oversee platform operations to enhance its services.

In 2024, Tokocrypto reported a threefold increase in transaction value and surpassed 4 million users.

The exchange offers access to over 380 tokens and coins, along with staking, dollar-cost averaging (DCA), and instant buy/sell options.

Recent Tokocrypto developments

Timeline
07-Mar-2024 🎁 Tokocrypto founder bags seed money for AI-powered gifting startup
  • Untukmu AI targets Indonesia’s $20B gifting market
  • Secures seed funding for expansion and new features
14-Aug-2023 🚫 Tokocrypto shelves IPO plans after Binance buy-in
  • Tokocrypto halts IPO plans under new CEO.
  • Company focuses on long-term partnerships instead.
11-Apr-2023 🎁 Ex-Tokocrypto CEO wants to revolutionize gift-giving in Indonesia
  • Untukmu AI simplifies personalized gift-giving.
  • Startup aims to help small businesses reach customers.
21-Sep-2022 📉 Binance-backed Tokocrypto lays off 45 employees
  • Tokocrypto lays off 45 employees, 20% workforce.
  • Spins off T-Hub and TokoMall as independent firms.
21-Mar-2022 🚀 Finch, Indogen, Tokocrypto launch Web3-focused fund for SEA
  • Finch Asia and Indogen Capital launch Cydonia.
  • First international Web3 fund from Indonesia for startups.

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