JAKARTA, Indonesia, Oct. 30, 2025 (GLOBE NEWSWIRE) — UnionEx, the leading global cryptocurrency exchange, and Indonesia’s licensed digital asset platform CYRA (PT Cyrameta Exchange Indonesia) have officially signed a strategic partnership agreement in Jakarta, marking a major milestone in expanding compliant digital asset infrastructure across Southeast Asia.
This collaboration establishes a new strategic partnership between UnionEx and CYRA to build a fully licensed and locally regulated crypto trading platform in Indonesia. Under the partnership, UnionEx will provide its cutting-edge technology infrastructure, including a high-performance matching engine, advanced risk management system, and scalable architecture, while CYRA, which holds the Digital Financial Assets Trader (PAKD) license granted by the Financial Services Authority (OJK), will lead in local compliance, governance, and market development through local resources and partnerships.
Left: Ben Jones, CEO of UnionEx; Right: Deddy S. Nadeak, CEO of CYRA, at the signing ceremony.
The signing ceremony, attended by senior executives from both companies, symbolizes a shared vision to promote transparency, innovation, and responsible growth in Indonesia’s fast-evolving digital economy.
“Indonesia is one of the most vibrant and rapidly growing digital asset markets in Asia,” said Ben Jones, CEO of UnionEx. “Through this partnership with CYRA, we are combining UnionEx’s global expertise and technology with CYRA’s strong regulatory foundation to create a next-generation, compliant trading environment for local users. This marks a crucial step toward our mission of driving financial inclusion and empowering users through technology.”
The forthcoming launch of the regulated platform by UnionEx and CYRA will deliver a seamless trading experience with institutional-grade security, superior liquidity, and efficient execution, with real-world asset (RWA) trading already integrated as part of its offering — setting a new benchmark for compliant digital asset innovation in Indonesia.
“We are proud to work with UnionEx, a leading global platform that shares our vision for a secure and sustainable digital asset ecosystem,” said Deddy S. Nadeak, CEO of CYRA. “Together, we aim to redefine the trading experience in Indonesia by offering users a fully licensed, secure, and user-centric exchange platform that complies with regulation standards while embracing global best practices.”
This strategic partnership underscores UnionEx’s strategic vision to deepen its presence in Southeast Asia, with Indonesia serving as a cornerstone for its regional development. Looking ahead, UnionEx also plans to expand its institutional-grade offerings, providing private-bank-level digital asset management services for institutions and family offices, covering the entire value chain from onboarding, funding, and trading to custody and asset management. Through this integrated approach, UnionEx aims to empower professional clients with secure, efficient, and comprehensive digital financial solutions.
About UnionEx
Launched in 2025, UnionEx is a global cryptocurrency exchange built on the principles of security, transparency, and community engagement. The platform delivers cutting-edge products and tools designed to serve users worldwide. With a strong commitment to innovation and inclusivity, UnionEx continuously evolves through product development and active community involvement, aiming to create a more accessible and inclusive financial ecosystem for everyone.
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About CYRA
CYRA is a licensed digital asset trading platform regulated by Indonesia’s Financial Services Authority (OJK). Built on the vision of making crypto investment simple, secure, and accessible for everyone, Cyra provides a trusted platform for users to trade and manage digital assets with confidence.
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