Upbit, South Korea’s largest crypto exchange, has signed a technology partnership with Indonesia’s ICEx to help advance the country’s digital asset infrastructure and broader market development.

The signing ceremony took place during the Korea-Indonesia Business Forum held Wednesday in central Seoul, attended by Oh Kyoung-suk, chief executive of Upbit operator Dunamu, ICEx CEO Pang Xue Kai, Adi Budiarso, director of digital asset innovation and regulation at Indonesia’s Financial Services Authority, and other officials from both sides.

The forum was held on the sidelines of the…