EDENA Capital Partners secured US$100 million from GEM to accelerate STO exchanges in Indonesia and Egypt.
EDENA Capital Partners has secured a US$100 million investment from GEM, a New York-based alternative investment group that has deployed more than US$3.4 billion across over 500 transactions globally.
EDENA said the funding will accelerate the rollout of government-approved Security Token Offering (STO) exchanges in Indonesia and Egypt, offering regulated digital securities starting at US$10 across asset classes, including real estate, carbon credits, and commodities.
The company said the investment will support a multi-year roadmap, including carbon credit project acquisition, a real estate pipeline through a BEK Group partnership, platform liquidity, and technology infrastructure delivered with partners including UI Networks and Group KS.
EDENA aims to position Indonesia as its ASEAN hub, leveraging its approvals to build a regulated STO market in Southeast Asia. Through its joint venture with BEK Group, led by former Egyptian Prime Minister Ibrahim Mahlab, EDENA is also building Egypt into its MENA and Africa hub.
Wook Lee, CEO and Founder of EDENA Capital Partners, said: “GEM’s commitment is a strong validation of our thesis that digital securities infrastructure, when built directly with governments and local exchanges, provides compliant access to emerging market assets.”
EDENA expects to launch its Indonesia STO exchange and generate first revenues in Q1 2026, with the Egypt exchange planned for later in 2026. The company is targeting 20 to 30 STOs across both markets in 2026 and expects to begin IPO preparation in 2027, with an aim to be active in more than 30 countries by 2030 and exceed US$10 billion in tokenised assets.
EDENA said its ERC-20 token serves as the required payment method for STO investments and is currently listed on eight exchanges globally, including Indodax in Indonesia.
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