Token Asia Korea, a fractional investment company, said on the 13th that it has signed a memorandum of understanding (MOU) with OK Consulting to assist Korean corporations in entering the Indonesian market.
Through this MOU, the two sides agreed to work together to provide a one-stop support process for Korean franchise corporations to successfully establish themselves in Indonesia. Specifically, they plan to offer a variety of services, including establishing local corporations, obtaining import permits, halal certification, and supporting real estate leasing.
A Token Asia Korea official noted, "The key point of this agreement is to support local financing," adding that they plan to operate a local platform that will issue security token offerings (STOs) utilizing the local sandbox system. Token Asia Korea aims to introduce various Hallyu content products such as K-franchise, K-beauty, and K-fashion in the local market, collaborating with multiple companies hoping to enter Indonesia.
Kim Sang-kyu, the head of OK Consulting, said, "Through this agreement, we will spare no effort to provide full support for excellent Korean franchise corporations to achieve successful entry into Indonesia."
Jang Jae-hoon, the head of Token Asia Korea, stated, "We will provide high-quality consulting and services to ensure that Korean corporations can generate tangible results in the Indonesian market."