The global crypto technology leader, OKX, has officially been announced as a sponsor of Coinfest Asia 2024, the largest cryptocurrency and Web3 festival in Asia and Indonesia. Taking place on August 22–23, 2024, at Nuanu City, Bali, the event is set to bring together thousands of industry leaders, developers, investors, and Web3 enthusiasts under the theme "Where Innovation Meets Adoption."
As a key supporter of blockchain innovation and mass adoption, OKX’s participation underscores its growing influence across the Asia-Pacific (APAC) region. The company continues to expand its footprint through strategic partnerships, product innovation, and community engagement—hallmarks of its mission to accelerate the decentralized future.
👉 Discover how OKX is shaping the future of Web3 at Asia’s biggest blockchain festival.
A Platform for Global Web3 Collaboration
Coinfest Asia 2024 is more than just a conference—it's a convergence point for global and regional Web3 ecosystems. With over 6,000 expected attendees from around the world, the event will host more than 150 industry leaders and top-tier companies shaping the future of blockchain technology.
Previous editions have drawn diverse professionals:
- 41% from financial services
- 32% from tech development
- 19% from creative industries
- 8% from government institutions
Notably, about half of all participants are executives or decision-makers from established Web3 projects and enterprises. This high concentration of influence makes Coinfest Asia a powerful venue for networking, collaboration, and forward-thinking discussions on digital asset adoption.
The event also fosters grassroots innovation through ETH SEA, a developer-focused initiative that empowers builders across Southeast Asia. Over 20 Indonesian developer communities will take part in hackathons, with winning teams eligible for funding up to IDR 650 million—a significant boost for early-stage blockchain ventures in the region.
Supported by events like the Indonesian Blockchain Conference organized by the Asosiasi Blockchain Indonesia (ABI), Coinfest Asia strengthens local infrastructure while connecting it to global trends and capital.
OKX Leadership to Speak on Institutional Crypto Adoption
On August 19, OKX confirmed that Jamie Kennedy, General Manager of OKX Australia, will speak at a panel titled "Risk vs Reward: Institutions & Digital Assets." The session aims to unpack the evolving relationship between traditional finance and digital assets, particularly as institutional interest grows across APAC.
Joining Kennedy on stage will be:
- Saad Ahmed, Head of APAC at Gemini
- Raks Sondhi, Chief Operating Officer at Upbit
- Mohd Kifa, Head of Compliance at Flipster
The discussion will be moderated by Yos Ginting, Founding Member of ABI, ensuring a balanced dialogue between regulatory insight, technical innovation, and market dynamics.
“The proximity of this event to Australia presents a golden opportunity for our team to connect with global Web3 leaders and showcase the latest innovations from OKX Wallet,” said Kennedy. “August is shaping up to be a landmark month for OKX in APAC, especially with the recent launch of crypto-AUD trading pairs. We’re excited for what lies ahead at Coinfest Asia 2024.”
This panel comes at a pivotal time, as more institutions explore custodial solutions, compliance frameworks, and yield-generating opportunities within decentralized finance (DeFi). OKX’s presence highlights its role not only as an exchange but as a comprehensive Web3 gateway.
Exclusive Experiences for Attendees at the OKX Zone
Visitors to Coinfest Asia 2024 can engage directly with OKX through interactive experiences designed to educate and reward participation.
🔹 Limited-Edition NFT Merchandise Drop
Attendees can mint a special NFT via OKX Wallet—crafted exclusively for Coinfest 2024—to receive physical merchandise such as branded t-shirts and tote bags. This blend of digital collectibility and real-world utility exemplifies the seamless integration between Web3 identity and tangible value.
🔹 Social Engagement = Free Gelato!
Participants who follow OKX Wallet on social media, take photos at the OKX branding zones, and post using the hashtags #OKXWallet and #OKXCoinFest can redeem free gelato at the popular ‘Gelato Cave’ lounge during the event.
These gamified activations reflect OKX’s strategy of lowering barriers to entry for new users while rewarding active community members—core principles in driving broader Web3 adoption.
👉 Join the movement—experience OKX’s innovative Web3 tools live at Coinfest Asia.
Expanding OKX’s Footprint in APAC
OKX’s sponsorship aligns with its aggressive regional expansion strategy. The recent introduction of crypto-AUD trading pairs marks a major milestone for Australian users, enabling seamless access to digital assets without currency conversion friction.
Moreover, OKX continues enhancing its product suite:
- OKX Wallet: A non-custodial wallet supporting multi-chain interactions, DeFi access, and NFT management
- Trading Platform: Offering spot, futures, and options with deep liquidity
- Web3 DApp Browser: Connecting users to decentralized applications across chains
These tools position OKX as a one-stop platform for both retail and institutional users navigating the complex Web3 landscape.
Key Partners Driving Coinfest Momentum
Coinfest Asia 2024 is backed by a strong coalition of sponsors reinforcing its status as Asia’s premier blockchain event. Alongside OKX, supporters include:
- Aptos
- Google Cloud
- Ripple
- Tokocrypto
- Triv
- Bitget
- Bitwyre
- FMCPay
- Cloudmile
- Nettensor
This diverse lineup reflects broad confidence in Asia’s role as a hub for blockchain experimentation, regulation-forward policymaking, and mass-market innovation.
Frequently Asked Questions (FAQ)
Q: What is Coinfest Asia 2024?
A: Coinfest Asia 2024 is the largest crypto and Web3 festival in Asia, held in Bali on August 22–23. It brings together developers, investors, enterprises, and enthusiasts to explore innovation and adoption in blockchain technology.
Q: Why is OKX sponsoring Coinfest Asia?
A: OKX supports Coinfest Asia to strengthen its presence in APAC, engage with global Web3 leaders, promote OKX Wallet innovations, and drive wider adoption of secure, user-friendly crypto tools.
Q: How can I get free merchandise from OKX at Coinfest?
A: By minting a limited-edition NFT through OKX Wallet during the event, you can claim exclusive OKX-branded items like t-shirts and tote bags.
Q: Is there a way to win prizes or funding at Coinfest Asia?
A: Yes—developers can join ETH SEA hackathons with prize pools up to IDR 650 million. Additionally, social media challenges hosted by sponsors like OKX offer instant rewards.
Q: Who should attend Coinfest Asia?
A: The event is ideal for blockchain developers, fintech professionals, investors, entrepreneurs, policymakers, and anyone interested in the future of Web3 and digital assets.
Q: Where can I learn more about OKX products showcased at Coinfest?
A: Visit the OKX booth at the event or explore features like OKX Wallet and trading services online—designed for security, speed, and ease of use.
With its blend of high-level discourse, hands-on developer programs, and immersive community experiences, Coinfest Asia 2024 stands out as a defining moment for Web3 in the region. OKX’s active involvement signals not just corporate sponsorship—but a deep commitment to building an open, accessible financial future.
👉 See how OKX is empowering the next wave of Web3 innovators—join the journey today.