DigiAsia Makes Strategic Move into Cryptocurrency Asset Space

Rhea-AI Summary

DigiAsia Corp. (NASDAQ: FAAS), Indonesia's leading Fintech-as-a-Service provider, has announced its strategic entry into the cryptocurrency market. The company's board has approved allocating up to 50% of future profits to cryptocurrency holdings as part of its treasury strategy.

The initiative includes partnerships with major Southeast Asian crypto exchanges to integrate them as payment and wallet enablers within DigiAsia's ecosystem, serving its network of 1.2 million merchants and 70+ top enterprises. The company will develop fiat-to-crypto conversion capabilities to streamline transactions for businesses and consumers, leveraging Indonesia's favorable regulatory environment for digital assets.

Positive

• Board approval to allocate up to 50% of future profits to cryptocurrency holdings
• Strategic partnerships with leading Southeast Asian cryptocurrency exchanges
• Large existing network of 1.2 million merchants and 70+ top enterprises for immediate crypto integration
• Favorable regulatory environment in Indonesia for cryptocurrency operations

Negative

• High risk exposure with 50% of future profits allocated to volatile cryptocurrency assets
• Potential regulatory risks if cryptocurrency regulations change in Indonesia
• Implementation and integration costs for new crypto infrastructure

Jakarta, Indonesia--(Newsfile Corp. - May 14, 2025) - DigiAsia Corp. (NASDAQ: FAAS) ("DigiAsia" or the "Company"), Indonesia's leading Fintech-as-a-Service (FaaS) provider, announced its strategic initiative to enter the cryptocurrency space, positioning itself at the forefront of digital asset adoption in Southeast Asia's thriving economy. This move creates DigiAsia's next growth opportunity, capitalizing on the burgeoning interest in cryptocurrency and Indonesia's progressive regulatory framework.

Strategic Cryptocurrency Treasury Allocation:

DigiAsia's Board approved a policy to allocate up to 50% of the Company's future profits to cryptocurrency holdings as part of its treasury strategy. This aims to enhance shareholder value by strategically diversifying assets and capturing growth opportunities within the cryptocurrency market.

Key Partnerships to Drive Crypto Adoption:

DigiAsia will partner with leading Southeast Asian cryptocurrency exchanges to establish the exchanges as primary payment and wallet enablers within DigiAsia's FaaS ecosystem. This will empower DigiAsia's network of enterprise clients and 1.2 million merchants to seamlessly integrate cryptocurrency payments into their existing digital commerce infrastructure.

Building Seamless Fiat-to-Crypto Conversion Capabilities:

DigiAsia will enhance its platform capabilities to facilitate easy and efficient conversion between Fiat and cryptocurrencies. This will streamline transactions for both businesses and consumers within DigiAsia's network, fostering greater adoption of digital assets across Indonesia.

Leveraging Market Leadership and Favorable Regulatory Landscape:

As a leading payment processor in Indonesia, servicing over 70 of the nation's top enterprises, the Company possesses an unparalleled distribution network. This, combined with the rapidly growing interest in cryptocurrency and a mature regulatory environment for crypto assets established by Indonesian financial authorities, creates a powerful synergy for DigiAsia's expansion.

About DigiAsia Corp.

DigiAsia Corp. (NASDAQ: FAAS) is a Fintech-as-a-Service (FaaS) provider under a B2B2X model in emerging markets. Its APIs empower SMEs with seamless financial service integration, promoting financial inclusion. Offerings include cashless payments, digital wallets, and digital banking. DigiAsia is expanding its AI-driven solutions in Southeast Asia, India, and the Middle East.

Forward-Looking Statement:

This release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995, identified by words like "believe," "expect," or "will." These statements, including DigiAsia's operations and financial performance, involve risks and uncertainties (e.g., regulations, competition, economic conditions) detailed in our SEC filings. Actual results may differ. We disclaim any obligation to update these statements, except as required by law.

Contact: Prabhu Anthony, prabhu@digiasia.asia

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252007

FAQ

What is DigiAsia's (FAAS) new cryptocurrency strategy?

DigiAsia plans to allocate up to 50% of future profits to cryptocurrency holdings and partner with Southeast Asian crypto exchanges to enable crypto payments across its network of 1.2 million merchants.

How many merchants will be affected by DigiAsia's crypto integration?

DigiAsia's crypto integration will affect its network of 1.2 million merchants and over 70 top enterprises in Indonesia.

What percentage of profits will FAAS invest in cryptocurrency?

DigiAsia's board has approved allocating up to 50% of the company's future profits to cryptocurrency holdings as part of its treasury strategy.

How will DigiAsia implement cryptocurrency payments?

DigiAsia will partner with Southeast Asian crypto exchanges and enhance its platform to facilitate fiat-to-crypto conversions, enabling seamless cryptocurrency transactions for businesses and consumers.

What is the regulatory environment for DigiAsia's crypto expansion in Indonesia?

Indonesia has established a mature regulatory environment for crypto assets, creating favorable conditions for DigiAsia's cryptocurrency expansion.