Indonesian Crypto Exchange Reku Raises $11M in Series A with Coinbase Ventures Involved

Indonesian crypto exchange Reku announced that it has raised $11 million in Series A funding, led by AC Ventures, with participation from Coinbase Ventures and Skystar Capital. The fund raised will be used to hire employees. The platform will also continue focusing on security, compliance, efficiency and scalability, said co-founder and CEO Sumardi Fung.