Bangkok, 25 April 2025 – The race to tokenize the real world has entered a new chapter. Tokenize Indonesia, a new accelerator backed by Saison Capital, BRI Ventures, and Coinvestasi, is now officially open for global Real-World Asset (RWA) startups looking to build and scale in one of Southeast Asia’s most promising markets: Indonesia.
The accelerator is designed to identify, fund, and support startups building in the blockchain and asset tokenization space—especially those with products ready for deployment and partnerships. The program runs from April to August 2025, with a unique focus on helping projects run real Proof-of-Concepts (POCs) with leading Indonesian institutions, including BRI and MDI Ventures.
Startups that join Tokenize Indonesia will be able to test their infrastructure in-market, unlock enterprise-level collaboration, and showcase their solutions at Coinfest Asia 2025—Asia’s largest crypto festival—taking place on 21–22 August in Bali.
Read more: Coinfest Asia 2025: World’s Largest Crypto Festival Opens Ticket Sales
The launch follows the November 2024 release of “Project Wira – Indonesia’s Asset Tokenization Opportunity”, a report developed by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research. The report estimates that demand for tokenized assets in Indonesia could reach US$88 billion by 2030. The drivers? A young, digitally native population, high crypto adoption, rapid fintech growth, and increasing institutional interest in blockchain-based financial products.
The announcement was made at ONCHAIN 2025, an annual conference held in Bangkok and led by Saison Capital, D3 Labs, Helix, and Emurgo. This year’s event brought together more than 500 investors, founders, and financial leaders from both Web3 and traditional finance.
Why Indonesia?
Indonesia now ranks #3 globally in Web3 adoption, with over 20 million crypto users—already surpassing retail investors in the country’s stock exchange. Local interest is expanding beyond retail speculation into infrastructure, regulation, and enterprise integration. The time to build is now.
“At Saison Capital, we believe that blockchain technology and its widespread benefits are foundational in shaping the future of inclusive finance, transforming existing financial systems and creating more equity for all. Despite the current market volatility, we remain active investors in blockchain startups solving real-world finance problems. It is crucial that we rally key partners to drive greater support for founders to solve existing challenges faced by corporations, and are glad to have found like-minded partners such as BRI Ventures and Coinvestasi,”
— Qin En Looi, Partner at Saison Capital.
“As the venture arm of one of Indonesia’s leading financial groups, BRI Ventures is committed to continuously exploring and investing in transformative technologies that will shape the future of finance in Indonesia. Our goal is to foster meaningful collaboration between well-established financial institutions and innovative, fast-moving technology partners. By bridging these two worlds, we aim to catalyze sustainable growth, drive financial inclusion, and accelerate the adoption of digital assets across Indonesia,”
— Markus Liman Rahardja, Chief Investment Officer at BRI Ventures.
“With over 20 million crypto users, Indonesia now ranks third globally in Web3 adoption—clear evidence of a thriving ecosystem. We are witnessing rapid growth in developer talent, institutional engagement, and regulatory clarity, all laying the foundation for long-term progress. At Coinvestasi, our role is to connect the ecosystem: fostering dialogue, sharing insights, and enabling partnerships that drive the industry forward,”
— Steven Suhadi, Founder of Coinvestasi.Read more: Indonesia’s 2024 Crypto & Web3 Report: What You Need to Know
A Different Kind of Accelerator
What sets Tokenize Indonesia apart is its deployment-first mindset. It’s not just mentorship or demo days. Startups are expected to work hands-on with enterprise partners, validate use cases in real-world conditions, and tap into a network of government, business, and tech stakeholders.
Benefits include:
- Real POCs with Indonesian institutions (including BRI and MDI Ventures)
- Market validation through Coinfest Asia exposure
- Support from investors and operators with deep local knowledge
- Positioning in Southeast Asia’s largest crypto and fintech economy
For Startups Ready to Scale
If you’re building solutions for tokenized real estate, carbon credits, commodities, or digital securities—and looking to deploy in a fast-moving, high-potential market—this is your entry point.
Apply now to Tokenize Indonesia: https://tokenizeindonesia.com
About the Organizers
Saison Capital
Saison Capital is an early-stage venture capital fund (pre-seed to Series B) focused on Web3, fintech, and commerce. Backed by Japan’s Credit Saison, the firm invests across Asia, Latin America, and emerging markets.
BRI Ventures
The venture capital arm of Bank Rakyat Indonesia (BRI), BRI Ventures supports startups that drive financial inclusion and digital innovation. With Indonesia’s largest banking network behind it, BRI Ventures is uniquely positioned to connect tech founders with mainstream market opportunities.
Coinvestasi
Part of Indonesia Crypto Network (ICN), Coinvestasi is the top crypto and Web3 media platform in Indonesia. With 4M+ monthly users, the platform connects global projects to local audiences and plays a key role in educating, growing, and activating Indonesia’s Web3 ecosystem.
