
Bybit Indonesia
Enabling a Global Brand’s First In-Person Activation in Indonesia

Backed Finance partnered with Coinfest (ICN) to launch and establish xStocks in the Indonesian market through an integrated campaign combining top-tier media coverage, influencer outreach, and community management.
As xStocks remains a relatively new and sophisticated Real-World Asset (RWA) product, retail investors and crypto communities in Indonesia lacked localized understanding and trust regarding how and where to access tokenized assets.
Coinfest (ICN) rolled out an end-to-end campaign including 2 foundational articles and 1 review video on Coinvestasi (>8k views), 6 press release distributions across mainstream & crypto outlets, influencer endorsements across YouTube, Telegram, and X (>90k views), and built the BackedFi Telegram community from scratch with daily management and interactive campaigns (#Chat2Earn, New Year 2026).
Successfully established BackedFi’s brand credibility and built a Telegram community from 0 to over 300 active members within two months, achieving high engagement and strong positioning as a credible RWA product in Indonesia.
“Members are quite active and enthusiastic in joining the daily quiz and light discussions, starting to understand BackedFi’s positioning as a serious RWA product.”


Enabling a Global Brand’s First In-Person Activation in Indonesia

Turning trader engagement into live trading activity

Turning developer interest into hands-on building & product demo