According to TechinAsia, FTX holds a 99% stake in Indonesian cryptocurrency exchange Bitocto, and the remaining 1% is owned by Hong Kong crypto platform Genesis Block. Bitocto's head of market development said that customer funds and assets are safe because the company's system is not integrated with FTX. It is reported that Bitocto is one of the 25 official crypto trading platforms regulated by the Indonesian cryptocurrency regulator Commodity Futures Trading Regulatory Authority (Bappebti), and belongs to the same classification Dotcom silo as FTX's Japanese subsidiary Liquid, European subsidiary Digital Assets AG and FTX US Derivatives Company (formerly LedgerX).