Bali, Indonesia, August 21, 2025 – Coinfest Asia 2025, the world's largest cryptocurrency event, officially kicked off on August 21 at the Nuanu Creative City in Bali, attracting 10,000 participants from over 90 countries. On the opening day, 300 speakers and 100 side events showcased Southeast Asia's role as a key driver for Web3 applications, integrating industry insights, culture, and community into an immersive experience.
Global speakers and industry insights
Markus Liman Rahardja (BRI Ventures), Stephan Lutz (BitMEX), Saad Ahmed (Gemini), and Olivia Simon spoke at the Dome Stage conference titled 'The Intersection of Smart Capital and Digital Assets: An Institutional Perspective.'
On the first day of the event, numerous global leaders attended, including Binance CMO Rachel Conlan, 9GAG & Memeland COO Kevin Kwong, Serotonin CEO Amanda Cassatt, and BitMEX CEO Stephan Lutz, among others. The conference focused on institutional adoption and global market perspectives, sparking thought-provoking discussions on how Asia shapes the future of Web3.
Featuring exclusive highlights, the Indonesia Tokenization initiative is an accelerator program that brings together institutional participants and builders to explore real-world assets (RWA) as a bridge between traditional finance and Web3 innovation.
The program connects institutions facing real-world challenges, such as BRI Ventures, Pegadaian, MDI Ventures, and PosDigi, with global blockchain advocates like Ripple, IOTA, Stellar, and Fireblocks, providing practical pathways for pilot proof-of-concept projects and scaling blockchain-based solutions.
Kevin Kwong from 9GAG & Memeland reflected on this unique format, highlighting how the event redefined the usual conference environment.
Coinfest Asia is truly unique. Hosting this event in Bali injects a refreshing and distinctive energy into the traditional Web3 conference experience. It’s not just about networking and learning; it’s about connecting with the community in a relaxed and inspiring environment.
Brand Takeover and Immersive Experience
Beyond the stage, the festival site also offered thoughtfully curated spaces for brands to connect directly with the community. Brands like Polkadot, Sui, Coinstore, Tokocrypto, Binance, and Pintu hosted creative activities that blended socializing with entertainment.
The main exhibition hall was bustling, with companies like Triv, Indodax, Manta, and Bybit showcasing their latest innovations. Coinstore’s mini zoo attracted attention with its unique concept, while Anichess, Memeland, and the arcade offered endless fun through community-driven activities.
Mr. Kuang added that the serious business atmosphere combined with Bali's relaxed vibe makes this festival a fertile ground for adoption.
By welcoming industry leaders in such a relaxed and immersive environment, the conference fostered open dialogue and fresh perspectives. The fusion of innovation with Bali's laid-back atmosphere naturally inspired collaboration, driving real implementation in the Web3 space.
Building connections in the spirit of Bali
As the sun sets, Coinfest Asia grandly opens Bali's iconic nightlife feast. Polkadot and Mandala Bar hosted sunset and shisha parties, while Sui’s Open Bar and Central Bar’s happy hour created a platform for thousands of new friends.
The celebration took place by the seaside, with Pintu hosting a lively party featuring karaoke and beachfront interactions. Coinfest also held a 'real-life airdrop' experience, adding a touch of fun to the evening. This atmosphere, balancing serious trading and Bali's laid-back culture, embodies the event's character: professionalism at its finest, yet full of vitality.
Culture and community convergence
The evening's events concluded with a celebration of Bali's cultural heritage and the spirit of the Web3 community. Guests enjoyed the Bali Ogoh Ogoh parade and Kecak dance performance, perfectly blending local traditions with the global vitality of Web3.
On the arena stage, the atmosphere became relaxed and enjoyable. Cryptstocks' Live Degen and meme-inspired panels showcased that crypto culture is not just about technology, but also about community and creativity. The celebration continued with the official Coinfest Asia after-party sponsored by Indodax, held under the dome, where vibrant audiovisual effects brought everyone together for a final night of music, networking, and celebration.
For the organizers, the design of this year's side events also marks a significant shift. Felita Setiawan, director of the Indonesia Crypto Network (ICN), explained:
What sets Coinfest Asia apart is its vibrant atmosphere and comprehensive event experience. This year, we introduced an entirely new concept by scheduling all off-site activities within the venue. We understand that businesses want ample creative freedom at events; hosting activities within Coinfest is more convenient and naturally attracts foot traffic compared to handling external logistics. At the same time, this provides our attendees with a diverse experience.
This event received strong support from numerous institutions, including Tokocrypto, Binance, Bitget, Bybit, CFX, CoinEx, Fireblocks, Gate, Sui, Coinstore, Polkadot, Mandala Chain, IOTA, Manta, OSLPay, Koinsayang, OKX, Pintu, Stellar, Triv, and MEXC Ventures.
