Ahead of the Bitcoin Pizza Day celebration on May 22, 2026, INDODAX revealed that its user base has now nearly reached 10 million members. This achievement is considered a reflection of how the crypto asset industry in Indonesia has evolved from merely being a technological experiment into a more mature part of the digital financial ecosystem.

Bitcoin Pizza Day itself has become an important symbol in the history of the global crypto industry. The celebration refers to the purchase of two pizzas using 10,000 Bitcoin in 2010, marking the first time Bitcoin was used and recognized as having real-world economic value.

Now, more than a decade after that transaction took place, the crypto industry has experienced rapid global growth, including in Indonesia.

CEO of INDODAX, William Sutanto, stated that the growth in user numbers indicates that the public is becoming increasingly confident in digital assets and crypto trading platforms that maintain strong security systems and regulatory compliance.

“The crypto industry’s journey is now very different compared to a decade ago. In the past, the primary focus was access and adoption, whereas today the industry is entering a more mature phase by placing trust and user protection as top priorities,” William said in an official statement on Saturday (16/5/2026).

According to him, the current development of the crypto industry is no longer solely about increasing user numbers, but also about how industry players can establish transparency and maintain the security of the digital ecosystem.

Indonesia’s Crypto Industry Enters a New Phase

The growth in the number of domestic crypto users has become one of the indicators of the expanding adoption of digital assets in Indonesia.

Based on data from Otoritas Jasa Keuangan (OJK) as of March 2026, the total number of national crypto asset users had reached 21.37 million. Of that total, nearly 46.5 percent were members of INDODAX.

These figures indicate that Indonesia’s crypto industry is beginning to move toward a more mature stage, especially after the introduction of industry supervision through the Financial Sector Development and Strengthening Law (UU P2SK).

William believes that industry growth has also been accompanied by higher operational standards that crypto industry players must implement, ranging from corporate governance and transparency to user identity protection.

Transparency and Security Become Main Priorities

As global attention toward digital asset industry security continues to increase, INDODAX has also started strengthening its transparency system through the implementation of Proof of Reserves (PoR).

Through this system, user assets can be verified periodically to ensure that the funds stored on the platform remain transparently available.

This step is considered an important part of building public trust in the digital asset industry, especially after several global crypto platform bankruptcies in recent years caused transparency issues to become a major concern among investors.

In addition to strengthening security and regulatory compliance, INDODAX also continues to expand the variety of digital assets available on its platform.

Currently, there are more than 500 crypto assets available for trading, including Real World Assets (RWA)-based assets such as tokenized stocks, which have started attracting the attention of global investors.

The availability of these various asset options is expected to provide broader portfolio diversification alternatives for the public as understanding of digital asset investment continues to grow.