Coinfest Asia 2025 in Indonesia hosted significant events featuring Bybit and Tether, discussing key topics related to the development of the crypto industry in the region.
Ben Zhou's Speech at Coinfest Asia
During Coinfest Asia, Ben Zhou, co-founder and CEO of Bybit, engaged in a conversation with Steven Suhadi, co-founder of Coinfest Asia, focusing on Indonesia's essential role in global crypto adoption. Zhou noted the young population in Indonesia is actively accepting digital assets and emphasized that regulatory clarity is key to maintaining this momentum.
CITE_W_A: "Indonesia shows how education, youth participation, and progressive regulation can combine to build a thriving crypto ecosystem. Bybit is here to support this journey with secure, transparent, and innovative trading experiences."
Bybit and Tether Event in Bali
Alongside the main conference, Bybit partnered with Tether APAC to host an exclusive gathering called "After Sunset" in Bali. This event brought together Bybit VIPs, Indonesian regulatory representatives, and key opinion leaders for discussion on advancing crypto adoption in Indonesia. Zhou stressed that regulation serves as a foundation for sustainable growth rather than a hindrance.
CITE_W_A: "Regulation is not a hurdle, but a foundation for sustainable growth. The financial regulators have provided much-needed clarity and infrastructure for the industry. This model sets an example for the global crypto economy."
Discussion on Real-World Asset Tokenization
The discussion also covered the growing trend of real-world asset (RWA) tokenization. In 2025, the Total Value Locked (TVL) in tokenized assets reached $65 billion, marking a significant increase from previous years. Zhou highlighted that Bybit is now focusing on real-world applications, moving beyond pure speculation toward meaningful use cases such as asset tokenization.
The events at Coinfest Asia 2025 showcased the increasing interest and support for crypto innovations in Indonesia, emphasizing the importance of a regulatory climate and education for sustainable market growth.
