IDDB is Set To Be Indonesia’s First Bond Tokenization Project, Aiming to Join OJK’s Sandbox and Trade on Nanovest

Based on the information above, the height of capital outflow creates a project IDDB. This was initiated and designed to help the country’s development. In the initial stage, we will develop a tokenization project on government bonds with the INDON 34 series using the currency USD (United States dollar). Through IDDB tokens, investors will be able to access bonds more easily because the minimum capital required to buy IDDB tokens will be much smaller than buying INDON 34 series bonds.

To date, the global tokenization market has shown astonishing growth that has had a major impact on the global economy. According to Markets & Markets, the tokenization market is expected to expand from $2.3 billion in 2021 to $5.6 billion in 2025, with an average annual growth rate of 19%. Today, tokenization has enormous potential and continues to develop along with the technology of blockchain.