SINGAPORE, Jan. 22, 2026 /PRNewswire/ -- Toku Ltd. ("Toku" or the "Company"), a Singapore-incorporated customer experience (CX) technology company, today commenced trading on the Catalist Board of the Singapore Exchange Securities Trading Limited ("SGX-ST"), following the successful completion of its initial public offering ("IPO").
The Company's shares opened at S$0.260, reached an intraday high of S$0.305, and closed at S$0.285, with trading beginning on a "ready" basis at 9:00 a.m. SGT under the ticker symbol TKU.
The IPO comprised 65,000,000 Invitation Shares at an offer price of S$0.25 per share, consisting of 2,000,000 Public Offer Shares and 63,000,000 Placement Shares. The Invitation raised total gross proceeds of S$16.25 million, giving the Company a post-IPO market capitalisation of approximately S$142.56 million, based on its enlarged share capital.
Commenting on the Company's listing, Thomas Laboulle, Founder and CEO of Toku, said, "Debuting on SGX Catalist is a significant step in Toku's evolution as an enterprise software company, as we accelerate our mission to transform how enterprises manage customer interactions. As a public company, we are sharpening our focus on execution, governance and long-term value creation. We will continue to invest in end-to-end innovation across our technology and solution stack, strengthening our ability to deliver smarter, faster, and fully compliant solutions to our customers located across the globe. This milestone gives us the platform and discipline to scale responsibly as customer expectations and regulatory requirements continue to rise across markets."
Mrs Lim Hwee Hua, Non-Independent Non-Executive Chairman of Toku, said: "The successful listing marks an important milestone for Toku and is a testament to the team's focus, discipline and execution. Going public carries significant responsibility, reinforcing our commitment to transparency, sound governance, and long-term value. I am pleased to be part of Toku's journey as it continues to focus on creating meaningful impact for customers across diverse industries."
"We are proud to have worked with Toku on its Singapore listing and the strong interest from investors reflects the market's confidence in Toku's business and strategy. With access to public markets, enhanced profile, brand recognition and credibility, Toku is well positioned to attract new talent, deepen customer relationships, expand into new markets and scale internationally. We look forward to continuing our partnership with Toku." said Mark Liew, CEO, PrimePartners.
"We are pleased to support Toku in its listing as a co-placement agent. Its highly scalable business model enables global growth and coupled with the team's dynamism, it is an exciting AI-centric growth story to watch. We look forward to bringing more high quality homegrown companies to market this year," said Jason Saw, Group Head of Investment Banking, CGS International Securities.
Headquartered in Singapore, Toku provides a cloud-native CX platform that enables enterprises and public-sector organisations to manage customer interactions across voice, chat, email and digital channels within a single integrated environment. Designed for complex, multi-market operations, the platform combines communications infrastructure with AI capabilities such as transcription, summarisation and conversation analytics, while supporting deployment across commercial cloud, private data centres and hybrid environments to meet regulatory, linguistic and operational requirements.
Proceeds from the IPO will be used to support continued investment in Toku's technology platform, expansion of its partner ecosystem, geographic growth, and general corporate purposes, in line with the Company's stated strategy.
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About Toku
Headquartered in Singapore, Toku Ltd. ("Toku") is a cloud-native, AI-powered customer experience platform purpose-built for enterprises operating in complex, multi-market environments. With deep roots in the APAC region and an expanding global footprint, Toku's modular 360° CX Platform orchestrates customer interactions across voice, chat, email and digital channels while managing regulatory, linguistic and infrastructure complexity at scale.
Built on end-to-end ownership of its technology stack, from carrier-grade connectivity to AI applications, Toku delivers enterprise-grade security, reliability and deployment flexibility across commercial cloud, private data centres and hybrid environments. Its AI capabilities include transcription, summarisation, sentiment analysis, conversation analytics and governed virtual agents, designed to integrate seamlessly with enterprise systems and customer data.
Trusted by leading enterprises and public-sector organisations, Toku helps organisations streamline operations, scale customer engagement and deliver consistent experiences across fragmented markets.
For more information about Toku, visit toku.co
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AI-Powered Customer Experience Platform Toku Opens Trading on SGX with Strong Debut as First IPO of 2026
SEOUL, South Korea, April 3, 2026 /PRNewswire/ -- Upbit, a world-class digital asset exchange operated by Dunamu Inc., today announced that it has signed a Memorandum of Understanding (MOU) with Indonesia Crypto Exchange (ICEx), a licensed digital asset bourse in Indonesia. The MOU establishes a strategic framework for technical and operational collaboration aimed at accelerating the development of Indonesia's regulated crypto ecosystem and supporting the growth of a sustainable, well-governed market.
The partnership was marked by a high-level summit held at Upbit's Seoul headquarters, where CEO Kyoungsuk Oh hosted a senior Indonesian delegation comprising high-ranking government officials, representatives from the Chamber of Commerce Indonesia, and key industry players to discuss the evolution of regulated digital finance.
The inclusion of the Chamber of Commerce underscores the mission to integrate it into the broader Indonesian commercial landscape. During the meetings, Upbit's leadership and Kadin representatives discussed future-forward plans to bridge Korean technological prowess with Indonesian market potential, ensuring that the digital asset roadmap aligns with the country's national economic interests and private sector growth.
Building a Regulated Global Standard
Under this strategic framework, Upbit will support the growth of Indonesia's digital asset ecosystem by providing core platform technology and operational expertise to build and operate a resilient, compliant trading venue, including key exchange infrastructure such as matching, risk management, and market operations.
The partnership will also explore innovation in areas such as custody solutions while strengthening regulatory technology to enhance oversight, compliance, and reporting.
ICEx and Upbit have aligned as strategic partners to leverage Upbit's proven track record as South Korea's leading exchange and its global reputation for maintaining the highest standards in investor protection and regulatory compliance.
Expanding Upbit's Regional Footprint
Upbit is positioning itself as a critical infrastructure partner across Asia, supporting the development of secure, transparent, and trusted digital asset market frameworks.
This collaboration marks another milestone in Upbit's expanding role as a key driver of digital asset development across the region. The company has previously hosted high-level delegations from Vietnam—including senior government and financial leaders such as the Minister of National Defense, Minister of Finance, Chairperson of the State Securities Commission, and the Chairman of Military Bank—to showcase its advanced digital asset exchange infrastructure.
"This partnership reflects our commitment to fostering well-regulated digital asset ecosystems globally," said Kyoungsuk Oh, CEO of Dunamu, operator of Upbit. "By working closely with ICEx, we aim to share the platform technology and operational expertise that have established Upbit as a market leader in Asia and strengthen the foundational infrastructure of Indonesia's digital asset sector."
A New Era for Indonesian Digital Finance
ICEx operates as an important part of Indonesia's regulated digital asset ecosystem under the supervision of the Financial Services Authority (OJK). Established in line with Indonesia's three-layer regulatory framework for digital asset transactions, comprising a licensed bourse, central clearinghouse, and supporting an integrated market structure within the country's regulated framework. Upbit Indonesia is among its founding shareholders, alongside strategic investors including some of Indonesia's largest conglomerates and global exchanges.
"Partnering with Upbit brings invaluable global expertise to our local ecosystem," said Pang Xue Kai, CEO of ICEx Group. "Upbit's leadership in compliance and technology was a decisive factor for us. We believe this collaboration will contribute to the development of a more secure and trusted market environment in Indonesia."
Through this partnership, Upbit aims to support ICEx in laying the groundwork for a next-generation digital asset ecosystem in Indonesia while contributing to the broader evolution of regulated crypto markets across the region.
The parties formally announced the MOU at the Korea–Indonesia Business Partnership for Resilient Growth Forum on April 1st, 2026, a landmark bilateral event, attended by ministers and high-ranking officials from both countries. The forum featured the signing of MOUs by major companies from both countries across a range of sectors. The MOU between Upbit and ICEx underscored the strategic and institutional significance of the bilateral collaboration in digital finance innovation.
About Upbit
Upbit is a leading digital asset exchange headquartered in South Korea and operated by Dunamu Inc., a fintech company focused on building innovative financial services powered by blockchain technology. Since its launch in 2017, Upbit has become one of the largest cryptocurrency exchanges globally by trading volume, offering a wide range of digital assets and trading pairs.
Upbit provides a secure and user-friendly platform for trading, investing, and managing digital assets. The company prioritizes transparency, compliance, and investor protection, adopting industry-leading security practices.
Through continuous innovation and strategic partnerships, Upbit aims to drive the adoption of blockchain technology and contribute to a more accessible and efficient financial ecosystem.
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Upbit and ICEx Sign Strategic MOU to Fortify Indonesia's Digital Asset Infrastructure
