Lion Group Holding Ltd. It is investing up to $12 million in an Indonesian financial technology company developing a rupiah-backed financial technology company. stablecoinIt expands the Nasdaq-listed firm’s digital asset strategy as Southeast Asia’s largest economy moves towards regulated blockchain-based payments.
Investment PT Nusantara Bumi Sangkara Lion Group, Meili Capital Management Ltd. of this agreement. He said that it will be done through investment participation and economic interest agreement.
Instead of paying cash, Lion Group will issue ordinary shares or other equity-linked securities in exchange for a 10% indirect economic interest in Nusantara Bumi Sangkara through Meili or his designated investment vehicle.
The transaction follows the strategic cooperation memorandum signed by the parties and forms part of Lion Group’s broader strategy to expand its digital asset treasury alongside investments in artificial intelligence infrastructure.
Nusantara Bumi Sangkara is developing NIDR, a stablecoin pegged one-to-one to the Indonesian rupiah and backed by reserve assets.
The token is designed to facilitate lower-cost cross-border payments and digital value transfers while supporting broader blockchain-based financial services.
The company is also building an infrastructure for digital financial services that combines blockchain technology, smart contracts, AI-powered risk management and automated decision-making.
The investment comes as stablecoins are gaining traction beyond cryptocurrency trading, with banks, fintech firms and governments increasingly exploring their use in cross-border settlements, settlements and tokenized financial assets.
Indonesia is also moving to strengthen supervision of digital assets, creating a clearer regulatory framework for blockchain-based financial services.
Lion Group said Nusantara Bumi Sangkara has received regulatory approvals or approvals from the Indonesian Financial Services Authority (OJK), making it one of the country’s early compliant stablecoin issuers.
For Lion Group, this investment expands its digital asset treasury beyond current allocations to the Bitcoin and Hyperliquid ecosystem, while increasing its access to Southeast Asia’s fast-growing digital finance market.
The deal also completes Lion Group’s proposed acquisition of Aquila Hash Inc., a US-based AI infrastructure company developing AI factories, GPU cloud platforms and AI-specific services.
The company said it sees opportunities to combine artificial intelligence with blockchain applications in areas such as digital payments, fraud detection, real-world asset tokenization and decentralized physical infrastructure networks (DePIN).
“This strategic engagement through Meili marks a significant milestone in our expansion into Southeast Asia’s digital economy,” Chief Executive Wilson Wang said in a statement.
“By leveraging equity valuation in a non-cash transaction, we preserve capital while gaining access to a promising stablecoin and digital payment platform that aligns seamlessly with our digital asset treasury strategy and AI infrastructure goals,” he added.
