Indonesia’s largest crypto asset trading platform, Indodax, has officially announced a significant change in its leadership structure. Effective May 19, 2025, Oscar Darmawan, who previously served as CEO, has now taken on the role of Chairman. Meanwhile, William Sutanto, formerly the Chief Technology Officer (CTO), has been officially appointed as the new Chief Executive Officer (CEO).

Strategic Move to Navigate Industry Dynamics

This leadership restructuring is part of the company’s broader strategy to adapt to the evolving challenges and complexities of the digital asset industry. In his new role as Chairman, Oscar Darmawan will focus on the company’s long-term strategic direction, including expanding strategic partnerships both domestically and internationally.

On the other hand, William Sutanto will assume operational leadership as CEO. He will oversee product development, regulatory compliance, and strengthen Indodax’s position in both local and global markets.

Ongoing Commitment from the Founders

Oscar expressed his confidence in William as Indodax’s new leader. “I believe that under the leadership of my friend and co-founder since the early days of Indodax, the company will continue to move forward,” he stated.

William also affirmed his commitment to serving users. “This change marks a new chapter in our effort to deliver the best services to our members and to support the advancement of the crypto industry in Indonesia,” said William.

Indodax: A National Crypto Leader Since 2014

Since its establishment in 2014, Indodax has served over 8 million registered members and become one of the crypto industry players licensed by the Financial Services Authority (OJK). Indodax is also a member of CFX, the Indonesian crypto exchange.

This leadership transition underscores Indodax’s strong commitment as a pioneer and leader in Indonesia’s crypto industry. The move is seen as a proactive step in facing new challenges and strengthening the national blockchain ecosystem.

Looking ahead, William aims to accelerate blockchain technology adoption and improve crypto literacy among the public. These efforts will involve various initiatives, both through digital platforms and offline outreach programs across the country.