Fintech startup Token Asia Korea announced on the 17th that it will officially launch 'Toksia', which has transformed the traditional Indonesian community gathering Arisan into an investment-type community platform, by the end of June in Indonesia.
Token Asia Korea aims to develop Arisan, which has focused on social gatherings and savings in Indonesia, into 'Arisan Investor City', which will collectively invest in various global assets such as K-content, real estate, water treatment, and healthcare.
Jang Jae-hoon, CEO of Token Asia Korea, said, “The greatest strength of Toksia is that it has solved the legal uncertainties and the opacity of fund management of existing Arisan through digital technology,” and noted, “With the use of artificial intelligence (AI) for decentralized investment and automated rebalancing services, we have reduced investment risk, and we plan to support a feature to manage investment status in real-time through an integrated dashboard in the future.”
Token Asia Korea will begin the beta service of Toksia this month, targeting about 1,000 people in the Jakarta area. In addition, next year, it plans to expand the service area to major cities such as Medan, Bandung, and Bali, setting a goal of a 20% increase in new investors per month.
CEO Jang stated, “Toksia is not just a simple financial app, but a global consolidation platform that connects domestic corporations with overseas markets, allowing anyone to easily achieve economic independence and future planning with small investments, creating an innovative financial ecosystem,” and added, “We will continue to support domestic small businesses and franchise corporations in their overseas expansion based on global know-how.”