• Newsletter
  • Contact
  • Press Releases
Friday, June 6, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home News

Blockchain Startup Ekta collects US$60M from Global Emerging Markets

Syifa by Syifa
March 13, 2023
in News
0
Blockchain startup Ekta
Share on FacebookShare on Twitter

Heaptalk, Jakarta — Ekta, a Bali-based blockchain startup, has obtained a US$60 million fund from a Global Emerging Markets (GEM) – the US alternative investment firm. This blockchain company will utilize the fresh capital to improve its ecosystem, including its NFT marketplace, blockchain-based games, and a hybrid crypto exchange platform.

In response to this latest fund, the Founder and CEO of Ekta, Berwin Tanco delivered a statement, “The company also plans to hire more skilled developers, build its marketing team and augment the liquidity in its market and a hybrid crypto exchange”.

The Bali-based startup, recently, has four projects, namely NFT marketplace, Ekta Island, Ekta portal, and Meta Trees blockchain game, currently in development. In its execution, the NFT marketplace will be launched in three weeks. Also, the company aims to launch its hybrid exchange in the third quartal of this year.

World Ai Jakarta 2025
World Ai Jakarta 2025

Tanco explained that the Ekta portal is the initial layer of blockchain that allows people to mint NFT. Ekta’s team will send a physical node to give Ekta’s layer-one token to users. This Ekta’s Founder appraised this portal as the most exciting project. The portal is designed with a mini node for consumers without prior experience in operating a node.

Through this new capital, the company will also grow Ekta Island, a blockchain-based physical space that offers fractional investment opportunities for small investors. The island is located 20 minutes from Bali. The company will grant numerous facilities, covering villas, beach clubs, retail stores, and blockchain pods to co-living and co-working.

“We will have the NFT print at the end of this year for a membership and a fractional NFT print for the villa ownership of US$200. A fractional investment is good for smaller investors to participate in investing for real estate if they don’t have a stable financial,” uttered Tanco.

The investment from GEM came when token prices plummeted amid work termination cases. The company appreciated this contribution, realizing that blockchain technology must tie back to real-world assets to evolve. Numerous support for the blockchain technology companies has also been noticed in Indonesia throughout this year, with a strong optimism in the alternative investments.

These supports are indicated by the existence of multiple new exchanges launched in Indonesia since the cryptocurrency Binance announced a joint venture with a consortium led by MDI Ventures. Other investments have also come, including the launch of US$100 million from Cydonia Capital and US$113 million of Series B investment for Indonesia’s crypto wallets and Pintu platform led by Hedosophia. (SFM)

Tags: blockchain companycryptoEktaGEMGlobal Emerging MarketsInvestmentnft

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com