Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Saison Capital, BRI Ventures & Coinvestasi Launches Tokenize Indonesia – a RWA Startup Accelerator

Bangkok, Thailand, April 25th, 2025, Chainwire Saison Capital , BRI Ventures , and Coinvestasi have officially launched Tokenize Indonesia , a new accelerator program aimed at identifying and supporting Real-World Asset (RWA) start-ups in the blockchain and tokenization space. The initiative seeks to drive innovation and adoption of tokenized assets in Indonesia, building on findings from the November 2024 report “ Project Wira – Indonesia’s Asset Tokenization Opportunity”, which estimates a US$88 billion market potential for asset tokenization in the country. Tokenize Indonesia will run from April to August 2025, and shortlisted start-ups will run Proof Of Concepts (POCs) with leading corporations across Indonesia, including financial institutions like Bank Rakyat Indonesia (BRI) and telecommunication providers like Telkom Indonesia. The program culminates in August when shortlisted start-ups will be showcased at Asia’s largest crypto festival, Coinfest Asia, on 21 – 22 August in Bali. The launch announcement for Tokenize Indonesia was made at ONCHAIN 2025 – an annual conference led by Saison Capital, D3 Labs, Helix, and Emurgo – which brings together leading investors, founders, and leaders in the RWA industry across both traditional finance and fintech. This year over 500 people attended the event in Bangkok. “At Saison Capital, we believe that blockchain technology and its widespread benefits are foundational in shaping the future of inclusive finance, transforming existing financial systems, and creating more equity for all. Despite the current market volatility, we remain active investors in blockchain startups solving real-world finance problems. It is crucial that we rally key partners to drive greater support for founders to solve existing challenges faced by corporations, and are glad to have found like-minded partners such as BRI Ventures and Coinvestasi,” said Qin En Looi, Partner at Saison Capital. “As the venture arm of one of Indonesia’s leading financial groups, BRI Ventures is committed to continuously exploring and investing in transformative technologies that will shape the future of finance in Indonesia. Our goal is to foster meaningful collaboration between well-established financial institutions and innovative, fast-moving technology partners. By bridging these two worlds, we aim to catalyze sustainable growth, drive financial inclusion, and accelerate the adoption of digital assets across Indonesia, said Markus Liman Rahardja, Chief Investment Officer at BRI Ventures. “With over 20 million crypto users, Indonesia now ranks third globally in web3 adoption—clear evidence of a thriving ecosystem. We are witnessing rapid growth in developer talent, institutional engagement, and regulatory clarity, all laying the foundation for long-term progress. At Coinvestasi, our role is to connect the ecosystem: fostering dialogue, sharing insights, and enabling partnerships that drive the industry forward,” said Steven Suhadi, Founder of Coinvestasi. Indonesia’s blockchain and tokenization ecosystem is evolving rapidly, supported by a tech-savvy demographic, an expanding middle class, a growing fintech sector, and increasing adoption of digital payment infrastructure. These factors are contributing to the foundational environment for blockchain-based innovations to emerge and scale. Project Wira, a report developed by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research, highlights blockchain’s potential to transform Indonesia’s financial ecosystem. 7% of Indonesia’s population own digital assets, far surpassing the 6.4 million stock investors on the Indonesia Stock Exchange (IDX), with more potential for greater adoption to come. Innovations have already been sprouting up in the areas of digital money, commodities, bonds, carbon credits, and real estate. The report estimates that demand for asset tokenization in Indonesia could reach US$88 billion by 2030. For RWA start-ups interested in capturing the immense opportunity in Indonesia, users can apply to Tokenize Indonesia: https://tokenizeindonesia.com About Saison Capital Saison Capital is an early-stage venture capital fund (pre-seed to Series B) with a focus on emerging markets. The firm backs ambitious founders at the pre-seed or seed stage and focuses on web3, fintech, and commerce. Operating from the Asia Pacific region but deploying capital on a global scale, Saison Capital harnesses Credit Saison’s extensive financial services operating background and resources across key markets, including Singapore, Indonesia, India, Vietnam, Thailand, Philippines, Cambodia, Japan, Brazil, and Mexico. Saison Capital is a wholly-owned subsidiary of Credit Saison. About BRI Ventures BRI Ventures is the corporate venture capital arm of Bank Rakyat Indonesia (BRI), Indonesia’s largest and most inclusive bank. With a mission to drive innovation and financial inclusion, BRI Ventures invests in early to growth-stage startups that are reshaping the future of financial services, MSME empowerment, and the digital economy. Backed by BRI’s deep expertise in financial services and extensive reach, BRI Ventures provides not just capital, but also strategic support, market access, and collaborative opportunities to help visionary founders scale their impact across Indonesia and beyond. About Coinvestasi Coinvestasi is Indonesia’s top Web3 and crypto media platforms, reaching 4M+ users monthly. As part of Indonesia Crypto Network (ICN)—the parent company behind major initiatives like Coinfest Asia— Coinvestasi connects global projects with local audiences and drives Web3 adoption across the ecosystem. Contact: Looi Qin En Saison Capital qinen@saisoncapital.com Contact Andrew Cheong Saison International andrew.cheong@saison-international.com CoinTurk News

---

Bitcoin Price Rejected Again — Are Bears Gearing Up for a Pullback?

Bitcoin price is struggling to clear the $94,500 zone. BTC is consolidating gains and might correct some gains to test the $91,200 support zone. Bitcoin started a decent upward move above the $92,500 and $92,800 levels. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $93,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $94,500 zone. Bitcoin Price Faces Rejection Bitcoin price remained stable above the $88,800 level and started a fresh increase . BTC was able to climb above the $90,500 and $92,000 resistance levels. The bulls were able to pump the price above the $93,500 resistance. It even climbed higher and retested the $94,500 resistance zone. The recent high was formed at $94,450 and the price started a consolidation phase. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $91,711 swing low to the $94,450 high. Bitcoin price is now trading above $92,800 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $93,100 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $94,200 level. The first key resistance is near the $94,500 level. The next key resistance could be $94,650. A close above the $94,650 resistance might send the price further higher. In the stated case, the price could rise and test the $95,500 resistance level. Any more gains might send the price toward the $96,200 level. Downside Correction In BTC? If Bitcoin fails to rise above the $94,200 resistance zone, it could start a downside correction. Immediate support on the downside is near the $93,100 level and the trend line. The first major support is near the $92,750 level and the 61.8% Fib retracement level of the upward move from the $91,711 swing low to the $94,450 high. The next support is now near the $91,700 zone. Any more losses might send the price toward the $90,500 support in the near term. The main support sits at $90,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $93,100, followed by $92,750. Major Resistance Levels – $94,450 and $94,650. CoinTurk News