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BALI, Indonesia, Aug. 21, 2025 – Coinfest Asia 2025, the world’s largest crypto festival, officially opened on 21st August at Nuanu Creative City in Bali, bringing together 10,000 attendees from more than 90 countries. With 300 speakers and 100 side events, the opening day underscored Southeast Asia’s role as a key driver of Web3 adoption, blending industry insights, culture, and community into one immersive experience.
Markus Liman Rahardja (BRI Ventures), Stephan Lutz (BitMEX), Saad Ahmed (Gemini), and Olivia Simon spoke at the Dome Stage session “Smart Capital Meets Digital Assets: The Institutional Perspective.”
The festival’s first day featured an impressive lineup of global leaders, including Rachel Conlan, CMO of Binance; Kevin Kwong, CBO of 9GAG & Memeland; Amanda Cassatt, CEO of Serotonin; and Stephan Lutz, CEO of BitMEX, among many others. Sessions focused on institutional adoption and the global market outlook, sparking thought-provoking discussions on how Asia was shaping the future of Web3.
Exclusive highlights included Tokenize Indonesia, an accelerator program that brought institutional players and builders together to explore Real World Assets (RWA), serving as a bridge between traditional finance and Web3 innovation.
The initiative connected institutions facing real-world challenges such as BRI Ventures, Pegadaian, MDI Ventures, and PosDigi with global blockchain enablers like Ripple, IOTA, Stellar, and Fireblocks, providing a hands-on pathway to pilot proof-of-concept projects and scale blockchain-based solutions.
Reflecting on the unique format, Kevin Kwong of 9GAG & Memeland noted how the event redefined the usual conference setting.
“Coinfest Asia was truly one of a kind. Hosting the event in Bali brought a refreshing and unique energy to the typical Web3 conference experience. It wasn’t just about networking and learning—it was about connecting with the community in a relaxed, inspiring setting.”
Beyond the stages, the festival grounds offered curated spaces where brands connected directly with the communities. Polkadot, Sui, Coinstore, Tokocrypto, Binance, and Pintu were among the names that hosted creative takeovers, blending networking with entertainment.
The Main Exhibition Hall buzzed with activity as companies such as Triv, Indodax, Manta, Bybit, and others showcased their latest innovations. Coinstore’s Mini Zoo turned heads with its unique concept, while Anichess, Memeland, and a game arcade kept attendees entertained through community-driven activations.
Kwong added that the mix of serious business with Bali’s relaxed vibe was what made the festival fertile ground for adoption.
“By hosting key industry leaders in such a relaxed and immersive environment, it fostered open conversations and fresh perspectives. This blend of innovation and Bali’s laid-back atmosphere naturally sparked collaboration that drove real adoption in the Web3 space.”
As the sun set, Coinfest Asia shifted into Bali’s signature nightlife energy. Polkadot and Mandala hosted sunset and shisha gatherings, while Sui’s Open Bar and the Central Bar Happy Hour set the stage for thousands of new connections.
The celebrations reached the beachfront, where Pintu hosted a lively party complete with karaoke and oceanfront mingling. Coinfest also staged an IRL airdrop experience, adding a playful touch to the evening. This balance of serious deal-making and Bali’s laid-back culture reflected the event’s identity: professional at its core, but designed to feel alive.
The night closed with a celebration of Balinese heritage and Web3’s community spirit. Guests experienced a Balinese Ogoh Ogoh parade and Kecak dance performance, blending local tradition with the global energy of Web3.
At the Arena Stage, the atmosphere turned playful with Live Degen by Crypstocks and meme-inspired panels, showing that crypto culture was as much about community and creativity as it was about technology. The festivities continued with Coinfest Asia’s official after party powered by Indodax, held inside the dome and wrapped in vibrant audio-visual energy, bringing everyone together for one last night of music, connection, and celebration.
For the organisers, this year also marked an important shift in how side events were designed. Felita Setiawan, Director of Indonesia Crypto Network (ICN), explained:
“What set Coinfest Asia apart were the festivity and the holistic experience of the event. This year we brought a new concept by hosting all side events inside the venue. We understood that companies wanted creative freedom for their activities, and rather than dealing with outside logistics, doing it within Coinfest made it much easier with natural foot traffic. At the same time, it offered diverse experiences for our attendees.”
This event was proudly supported by Tokocrypto, Binance, Bitget, Bybit, CFX, CoinEx, Fireblocks, Gate, Sui, Coinstore, Polkadot, Mandala Chain, IOTA, Manta, OSLPay, Koinsayang, OKX, Pintu, Stellar, Triv, MEXC Ventures, and many more.
Coinfest Asia is an annual event organised by Indonesia Crypto Network (ICN) and is recognised as the world’s largest crypto festival, where innovation meets adoption. The event has successfully brought together over 10,000 participants and more than 300 industry leaders, and has been attended by over 5,000 companies from a wide range of industries—including Google Cloud, VISA, ByteDance, GoTo, Coinbase, Standard Chartered, Polygon, AWS, Ripple, DBS, and many more.
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