Bybit, a global cryptocurrency exchange, has launched a local trading platform in Indonesia after buying a majority stake in PT Enkripsi Teknologi Handal, which was previously called NOBI.
The company is now known as Bybit Indonesia, helping Bybit grow in one of Southeast Asia’s fastest-growing crypto markets. Bybit said it will launch services in stages, starting with 500 cryptocurrency trading pairs, and will use local expertise to work within Indonesia’s changing regulations.
This acquisition is part of Bybit’s plan to grow by setting up regulated local operations instead of just offering cross-border services. By taking over a licensed digital asset company, Bybit now has a strong regulatory base in Indonesia, where crypto use has grown quickly in recent years.
Bybit Indonesia kini tersedia di Google Play Store!
Unduh sekarang dan mulai trading kripto dengan pengalaman berstandar global yang dirancang untuk Indonesia.#BybitIndonesia pic.twitter.com/WTM6QuZsmu
— Bybit Indonesia (@Bybit_ID) July 17, 2026
Lawrence Samantha will serve as CEO and Dionisius Evan as COO of the Indonesian business. Both were senior leaders at NOBI and have deep knowledge of the local market.
Commenting on the development, Samantha said the acquisition combines Bybit’s global technology and liquidity with a management team that understands Indonesia’s regulatory environment and customer needs.
The company believes this local-first approach will help it deliver services tailored to Indonesian users while maintaining compliance with domestic regulations.
Bybit Launches Localized Indonesian Platform Bybit Indonesia
Following its majority acquisition of Indonesian crypto platform PT Enkripsi Teknologi Handal (formerly NOBI), Bybit has officially launched Bybit Indonesia, which operates under the supervision of Indonesia’s… pic.twitter.com/vVPASWleci
— Wu Blockchain (@WuBlockchain) July 16, 2026
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