Indonesian cryptocurrency exchange Tokocrypto has suspended its IPO plans after being acquired by Binance
Sep 19, 2024 06:42:19
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ChainCatcher news, according to Tech in Asia, Indonesian crypto exchange Tokocrypto has shelved its IPO plans after being acquired by Binance and the new leadership taking over. Tokocrypto co-founder Pang Xue Kai stated in January 2022 that Tokocrypto was preparing to go public in 2024 or 2025. The new CEO Yudhono Rawis mentioned that the company does not have a clear goal for an IPO.
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