With 20 million crypto investors, more than double its stock traders, Indonesia mandates stock-market-style infrastructure for digital assets. ICEx Group raised $70 million to build it.
JAKARTA, Indonesia, March 19, 2026 /PRNewswire/ -- ICEx Group has secured comprehensive licenses from Indonesia's Financial Services Authority (OJK) to operate an integrated digital asset exchange, clearing house, and custody provider, completing a regulatory structure that makes Indonesia among a small number of jurisdictions applying traditional capital-markets architecture to cryptocurrency.
Indonesia's registered crypto investor base has grown from roughly 4 million in 2020 to 20.19 million as of December 2025 — a fivefold increase that now exceeds the country's entire capital market investor base of 20.13 million SID. What took Indonesia's capital markets decades to build, crypto achieved in five years. The country ranks third globally on the Chainalysis Crypto Adoption Index and leads the Central, Southern Asia & Oceania region in on-chain transaction value at approximately $157.1 billion.
Under Indonesia's framework, overseen by OJK, every crypto transaction must pass through three distinct licensed layers: a regulated exchange (Bursa), a central clearinghouse, and an independent custodian—mirroring the architecture of conventional stock and derivatives markets.
ICEx Group was built to fill all three roles. The group comprises International Crypto Exchange (ICEx), Crypto Asset Clearing International (CACI), and International Crypto Custody (ICC), each independently licensed by OJK.
Eleven of Indonesia's largest exchanges—including Ajaib, Floq, Indodax, Mobee, Nanovest, OSL Indonesia, Reku, Samuel Kripto Indonesia, Tokocrypto, Triv, and Upbit Indonesia—are founding shareholders, with participation from some of Indonesia's biggest conglomerates and global exchanges as strategic investors. The consortium raised approximately Rp 1 trillion ($70 million).
"Indonesia's regulation requires this three-layer infrastructure to exist. The 11 exchanges chose to own it collectively rather than depend on a third party," said Pang Xue Kai, CEO of ICEx Group.
The mandated structure reduces counterparty risk and capital inefficiency. As the founding exchanges route through ICEx clearing and custody, the infrastructure reaches its combined 20-million-strong user base immediately.
Indonesia presents a rare convergence: massive retail adoption, regulatory openness, and now institutional plumbing to match. ICEx Group is also exploring regulated real-world asset tokenization and national stablecoin initiatives. The company will host its Grand Launch on April 2 2026, in Jakarta.
About ICEx
PT Fortuna Integritas Mandiri, operating under the brand International Crypto Exchange (ICEx), is an OJK-licensed digital asset exchange that officially commenced operations on 5 January 2026, following the issuance of its crypto exchange business license by the Financial Services Authority (OJK) under Decision No. KEP-2/D.07/2026.
About ICEx Group
ICEx Group is Indonesia's leading digital asset market infrastructure developer, establishing the nation's first integrated SRO ecosystem under OJK supervision. The group comprises three licensed entities: ICEx (digital asset exchange, KEP-2/D.07/2026), CACI (clearing services, KEP-12/D.07/2026), and ICC (institutional custody, KEP-11/D.07/2026). ICEx Group is dedicated to strengthening investor protection and enabling sustainable growth in Indonesia's regulated digital economy.
ICEx Group
Brand & Communication Division
Equity Tower, Sudirman Central Business District, Jl. Jend. Sudirman kav 52-53 No.Lot 9, Senayan, Kec. Kby. Baru, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12190
Email: info@icex.id
Website: www.icex.id
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Indonesia Brings Stock-Market Infrastructure to Crypto. ICEx Group Among Builders of New Infrastructure.
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The Sandbox opens pre-registration for playtesting The Sandbox NEXT, new mobile game
LOS ANGELES, March 19, 2026 /PRNewswire/ -- The Sandbox, an immersive gaming platform and subsidiary of Animoca Brands, today opened pre-registration for the playtest of The Sandbox NEXT, marking for the franchise a going back to its roots after 40 million historical downloads on mobile. The Sandbox NEXT is built by Unreal Engine, a significant technical shift for The Sandbox, which has historically run on Unity. Register for free at sandbox.game/next.
The Sandbox NEXT offers a multiplayer extraction and survival mobile gameplay in which players carry over their identity, progression, and all the voxel assets from The Sandbox game platform, including UGC and branded ones. The Sandbox NEXT provides players with a fast-paced, replayable PvP experience that connects intense and skill-demanding gameplay with the broader player-driven ecosystem of The Sandbox, where player avatars from over 56 collections of branded Avatars (Snoop Dogg, Attack on Titan, Smiley, Steve Aoki, Paris Hilton, Smurf, etc) extend beyond a single match.
Players of The Sandbox NEXT are dropped into the Desert, an open-terrain environment built around sightlines and long-range combat, or the City, a vertical, close-quarters map that rewards adaptability. Matches support solo play or multiplayer groups of up to 20 players per instance.
The Sandbox NEXT will serve as a new entry point into The Sandbox, where playing, collecting, and expressing identity all converge. The mobile launch represents a major step for one of web3's most established entertainment brands, with more than 400 brand and IP partners spanning gaming, music, fashion and culture, including Warner Music Group, Gucci, Ubisoft, Snoop Dogg and Lacoste.
Season 7 of The Sandbox, which is currently ongoing, introduced three browser-based games as a frictionless entry point to The Sandbox ecosystem. Now, with The Sandbox NEXT playtest, The Sandbox is taking steps to integrate additional experiences via mobile.
"Like our recent launch of WebGL games, The Sandbox NEXT is part of our plan to increase the reach of The Sandbox so players can discover, play and come back more often, whether they're on desktop or on their phone," said Robby Yung, CEO of The Sandbox. "The goal is to meet people where they spend their time. A native mobile experience in addition to the desktop version makes that possible in a way browser access alone can't."
Registration for The Sandbox NEXT playtest is now open until 25 March 2026 at 2 p.m. (UTC), with limited spots assigned on a first-come first-served basis. The playtest begins on 26 March, with additional features rolling out as The Sandbox NEXT evolves. Register now at sandbox.game/next.
For more information about The Sandbox NEXT mobile app playtest, visit sandbox.game/blog and follow The Sandbox on X, Discord, and Instagram for regular updates.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is an immersive metaverse platform in which users play, create, and monetize unique experiences alongside their favorite brands, IPs, and celebrities across gaming, entertainment, music, art, and more. The Sandbox leverages web3 technologies to fully enable end-user creation and creator economies, disrupting existing platforms by providing both Players and Creators with true ownership of their assets, creations, and rewards as non-fungible tokens (NFTs). Over 400 partners have joined The Sandbox, including Warner Music Group, Gucci, Ubisoft, Paris Hilton, Attack on Titan, Snoop Dogg, Lacoste, Steve Aoki, The Smurfs, and many more. For more information, please visit www.sandbox.game and follow the regular updates on X, Medium, and Discord.
About Animoca Brands
Animoca Brands Corporation Limited (ACN: 122 921 813) is a global digital assets leader building and investing in impactful technologies and ecosystems to reimagine future economies. It has received broad industry and market recognition including Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, Financial Times' High Growth Companies Asia-Pacific, and Deloitte Tech Fast. Animoca Brands is recognized for building digital asset platforms such as the Moca Network, Open Campus, Anichess, and The Sandbox, as well as institutional-grade platforms; providing digital asset services to help Web3 companies launch and grow; and investing in frontier Web3 technology, with a portfolio of over 600 companies and digital assets. For more information visit www.animocabrands.com or follow on X, YouTube, Instagram, LinkedIn, Facebook, and TikTok.
The Sandbox opens pre-registration for playtesting The Sandbox NEXT, new mobile game
LOS ANGELES, March 19, 2026 /PRNewswire/ -- The Sandbox, an immersive gaming platform and subsidiary of Animoca Brands, today opened pre-registration for the playtest of The Sandbox NEXT, marking for the franchise a going back to its roots after 40 million historical downloads on mobile. The Sandbox NEXT is built by Unreal Engine, a significant technical shift for The Sandbox, which has historically run on Unity. Register for free at sandbox.game/next.
The Sandbox NEXT offers a multiplayer extraction and survival mobile gameplay in which players carry over their identity, progression, and all the voxel assets from The Sandbox game platform, including UGC and branded ones. The Sandbox NEXT provides players with a fast-paced, replayable PvP experience that connects intense and skill-demanding gameplay with the broader player-driven ecosystem of The Sandbox, where player avatars from over 56 collections of branded Avatars (Snoop Dogg, Attack on Titan, Smiley, Steve Aoki, Paris Hilton, Smurf, etc) extend beyond a single match.
Players of The Sandbox NEXT are dropped into the Desert, an open-terrain environment built around sightlines and long-range combat, or the City, a vertical, close-quarters map that rewards adaptability. Matches support solo play or multiplayer groups of up to 20 players per instance.
The Sandbox NEXT will serve as a new entry point into The Sandbox, where playing, collecting, and expressing identity all converge. The mobile launch represents a major step for one of web3's most established entertainment brands, with more than 400 brand and IP partners spanning gaming, music, fashion and culture, including Warner Music Group, Gucci, Ubisoft, Snoop Dogg and Lacoste.
Season 7 of The Sandbox, which is currently ongoing, introduced three browser-based games as a frictionless entry point to The Sandbox ecosystem. Now, with The Sandbox NEXT playtest, The Sandbox is taking steps to integrate additional experiences via mobile.
"Like our recent launch of WebGL games, The Sandbox NEXT is part of our plan to increase the reach of The Sandbox so players can discover, play and come back more often, whether they're on desktop or on their phone," said Robby Yung, CEO of The Sandbox. "The goal is to meet people where they spend their time. A native mobile experience in addition to the desktop version makes that possible in a way browser access alone can't."
Registration for The Sandbox NEXT playtest is now open until 25 March 2026 at 2 p.m. (UTC), with limited spots assigned on a first-come first-served basis. The playtest begins on 26 March, with additional features rolling out as The Sandbox NEXT evolves. Register now at sandbox.game/next.
For more information about The Sandbox NEXT mobile app playtest, visit sandbox.game/blog and follow The Sandbox on X, Discord, and Instagram for regular updates.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is an immersive metaverse platform in which users play, create, and monetize unique experiences alongside their favorite brands, IPs, and celebrities across gaming, entertainment, music, art, and more. The Sandbox leverages web3 technologies to fully enable end-user creation and creator economies, disrupting existing platforms by providing both Players and Creators with true ownership of their assets, creations, and rewards as non-fungible tokens (NFTs). Over 400 partners have joined The Sandbox, including Warner Music Group, Gucci, Ubisoft, Paris Hilton, Attack on Titan, Snoop Dogg, Lacoste, Steve Aoki, The Smurfs, and many more. For more information, please visit www.sandbox.game and follow the regular updates on X, Medium, and Discord.
About Animoca Brands
Animoca Brands Corporation Limited (ACN: 122 921 813) is a global digital assets leader building and investing in impactful technologies and ecosystems to reimagine future economies. It has received broad industry and market recognition including Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, Financial Times' High Growth Companies Asia-Pacific, and Deloitte Tech Fast. Animoca Brands is recognized for building digital asset platforms such as the Moca Network, Open Campus, Anichess, and The Sandbox, as well as institutional-grade platforms; providing digital asset services to help Web3 companies launch and grow; and investing in frontier Web3 technology, with a portfolio of over 600 companies and digital assets. For more information visit www.animocabrands.com or follow on X, YouTube, Instagram, LinkedIn, Facebook, and TikTok.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
The Sandbox opens pre-registration for The Sandbox NEXT mobile playtest built on Unreal Engine
