PINTU Chief Marketing Officer (CMO) Timothius Martin said that the PINTU crypto startup had achieved various positive achievements in the three years since its launch, one of which was that it had been downloaded six million times.

"In two years we experienced aggressive growth coinciding with the boom in crypto investment in 2020-2021, creating hype in the retail market which drove PINTU's exponential growth where the PINTU application was downloaded more than 6 million times," said Timothius in a statement. received in Jakarta, Thursday.

Timothius added that this growth was also driven by the PINTU team's ability to find product market fit according to the Indonesian market so that it was able to solve the pain points faced by users in Indonesia by presenting an investment platform that was able to simplify access to investing through a friendly user interface (UI). , investment with small capital starting from IDR 11 thousand, transparent fees, buying and selling and withdrawing crypto assets 24 hours.

Apart from that, Timothius said that the regulator's active role is very supportive in supporting the progress of the crypto investment ecosystem in Indonesia which makes the crypto industry grow rapidly.

The number of crypto investors continues to increase, as can be seen from data from the Commodity Futures Trading Supervisory Agency (Bappebti) as of August 2023, there are more than 17 million investors in Indonesia with a transaction value reaching IDR 10.64 trillion, an increase of around 13.6 percent from July of IDR 9. 37 trillion.

"Even though the growth is rapid, there are still many challenges that must be resolved to increase the acceleration of crypto adoption in Indonesia even more massively," said Timothius.

"With the potential of Indonesia's crypto market being the largest in Southeast Asia, the crypto industry and blockchain technology still have a lot of room to grow," added Timothius.

"Even though the crypto market is currently still in a bear market phase, for us this phase is a momentum to focus on building new products and recruiting the best talents in the crypto, blockchain, Web3 fields in preparation for welcoming the bullish market. "For this reason, our focus is not only on achieving status as a unicorn startup, but we want to provide easy access to crypto investment for everyone in Indonesia and Southeast Asia through the PINTU application," said Timothius.

PINTU, said Timothius, is committed to providing the best crypto investing experience to users.

"In order to accelerate the acceleration of crypto and its adoption in Indonesia, PINTU is ready with all the resources it has to encourage positive change in Indonesia through the application of blockchain technology," said Timothius.