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Tokocrypto was founded in September 2018, and by November of same year, it had become the first organization to be registered with Indonesia's Commodities Futures Trading Regulatory Agency (BAPPEBTI). TKO, Tokocrypto's most recent initiative, is the first Indonesian cryptocurrency to use a hybrid token model.Users can utilize the token to participate in crypto exchanges, deposit and savings programs, cross-platform DeFi applications, and NFT marketplaces on the Tokocrypto blockchain platform. Toko Token became live in April 2021 and has since gained the attention of both private and business users. Tokocrypto was developed in collaboration with Binance, which provides considerable support for the project and its future development.Tokocrypto and the Toko Token claim to be bringing breakthrough technology to Indonesia's financial sector. Tokocypto is the first startup in Indonesia to combine blockchain technology with hybrid token functionality in a single platform, bringing decentralized finance (DeFi) to the general public.