Fundz

Bybit acquires majority stake in NOBI

PRIVATEJul 16, 2026

Acquiring Company

Bybit

Acquired Company

PT Enkripsi Teknologi Handal

VictoriaIndonesiaFinancial ServicesSoftwareFinanceLendingFinancial ServicesFinanceFintechLending

Description

Bybit has announced the majority acquisition of PT Enkripsi Teknologi Handal, formerly known as NOBI, to launch its Indonesia platform. This move allows Bybit to operate locally under regulatory supervision and introduces a structured approach to digital asset services in the Indonesian market. The acquisition aims to leverage Bybit's global capabilities while adhering to local regulations. Bybit Indonesia will begin its services in phases, prioritizing user education and responsible operations.

Quick answer

Bybit is acquiring PT Enkripsi Teknologi Handal, announced July 16, 2026. Bybit is based in Victoria, Texas, United States.

How much did Bybit pay for PT Enkripsi Teknologi Handal?
The deal value was not disclosed.
What does Bybit do?
Bybit is a leading cryptocurrency exchange founded in March 2018, offering a comprehensive range of tailored crypto services and product solutions designed for both retail and institutional traders.
Where are Bybit and PT Enkripsi Teknologi Handal based?
Bybit is based in Victoria, Texas, United States. PT Enkripsi Teknologi Handal is based in Indonesia.
Who are the decision-makers at Bybit?
Fundz holds 2 contacts at Bybit. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Bybit

Location

Victoria, Texas, United States

About

Bybit is a leading cryptocurrency exchange founded in March 2018, offering a comprehensive range of tailored crypto services and product solutions designed for both retail and institutional traders. Trusted by millions of users globally, Bybit continues to drive innovation in the digital asset space, constantly enhancing and expanding its diverse product ecosystem to deliver a secure, efficient, and cutting-edge trading experience.

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Frequently asked

Who acquired PT Enkripsi Teknologi Handal?

PT Enkripsi Teknologi Handal was acquired by Bybit, based in Victoria. The deal was reported on July 16, 2026. Bybit is a leading cryptocurrency exchange founded in March 2018, offering a comprehensive range of tailored crypto services and product solutions designed for both retail and institutional traders. Bybit is privately held and operates in Financial Services.

When did Bybit acquire PT Enkripsi Teknologi Handal?

Bybit's acquisition of PT Enkripsi Teknologi Handal was reported on July 16, 2026. Bybit has announced the majority acquisition of PT Enkripsi Teknologi Handal, formerly known as NOBI, to launch its Indonesia platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PT Enkripsi Teknologi Handal do?

PT Enkripsi Teknologi Handal, formerly known as NOBI, is a company that operated in the digital asset space in Indonesia. The company has been involved in providing localized financial services and educating users on digital asset management. It is privately held, operating in Financial Services, and is based in Indonesia.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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