Entering the Crypto World? GOTO/GOjek TOkopedia Acquires Local Crypto Exchange Worth IDR 124.8 Billion

Gojek Tokepedia — GoTo

GoTo’s Reason for Acquisition of KMK

In the information disclosure document, GoTo revealed that the acquisition was made to diversify the company’s services.

Not the First Time, Gojek Has Owned Another Crypto Business

Previously, Gojek bought Coins. ph, a fiat & crypto wallet start-up company based in the Philippines, in January 2019. The acquisition value of the company reached US$ 95 million or Rp 1.3 trillion. However, Gojek later sold its majority stake in the company to a consortium led by former Binance CFO Wei Zhou along with Joffre Capital in April 2022.



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