Partnership: PT INDONUSA DWITAMA to come onboard as a lender to provide liquidity to the BridgeX Network
We are excited to announce our first partner on the BridgeX Network — PT Indonusa Dwitama (“Indonusa”) — an investments holding company that engages in organizing and developing a broad portfolio of investments in Indonesia.
Indonusa comes aboard the BridgeX Network as an accredited lender to provide supply-side liquidity on our native platform’s p2p collateralized loans marketplace. This synergistic partnership results from the shared vision of both companies to democratize credit and champion borderless finance in bridging the divided worlds of cryptocurrency and fiat.
This partnership, the first of many to come, is a testament to our commitment to providing for a vibrant and efficient 2-sided loans marketplace that will make for a rewarding experience for both lenders and borrowers. In doing so, the BridgeX Network will continue opening up new opportunities for traditional financial institutions to seamlessly enter and participate in this new world economy.
About PT Indonusa Dwitama
PT Indonusa Dwitama engages in managing and developing a range of investment portfolios including mining exploration and exploitation, financial services, multimedia interactive & information technology and trading operations in Indonesia.
With a keen eye towards supporting and growing the very best cutting-edge technological innovators in the region, Indonusa was notably the earliest investor into Tokopedia — a unicorn startup that is now Indonesia’s largest online marketplace — that received initial seed funding from Indonusa in 2009 of IDR 2.5 billion.
About BridgeX Network
The BridgeX Network is the framework for a financial ecosystem of decentralised credit, conversion and payment solutions, enabling crypto-to-crypto collateralised lending and borrowing, crypto-to-fiat currency conversions and cross-border payments. In enabling both 1) open access to credit and 2) access to the traditional world of fiat, the BridgeX Network aims to solve 2 of the biggest issues in the cryptospace in a unified fashion by delivering 3 compelling and synergistic cash management solutions within a single ecosystem and platform.
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