Fasset to Launch Superapp, Makes Indonesia Its Regional Hub

Fasset, a digital asset trading platform provider based in the United Arab Emirates, will launch a super app focused on developing countries, such as Indonesia, Pakistan, and Turkey.

The super app platform will provide features to buy, sell, swap, and earn income from various digital assets, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), USD Tether (USDT), PAX Gold (PAXG), and Tether Gold (XAUT).

Furthermore, Fasset will also facilitate the trading of other new digital assets, such as tokenized real estate, sukuk, and global stocks.

Fasset launched its super app after being licensed as a crypto trader by the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti) in April.

In Indonesia, the company operating Fasset is PT Gerbang Aset Digital. According to a report by financefeeds.com, the Fasset super app will also provide thematic bundling for various digital assets so that users will find it easier to invest and cultivate wealth in the long run.

Fasset, backed by Liberty City Ventures as its investor, has been setting up the super app's infrastructure for the past four years. Fasset also opened an office in Jakarta that will serve as a regional hub to support the company's expansion in developing countries.

"Fasset's goal is to bring the opportunity of financial freedom to the fingertips of users across emerging markets. We're laser-focused on unlocking the potential of real-world assets and translating them into economic opportunities for all," Mohammad Raafi Hossain, CEO of Fasset, said.