M-DAQ, JFX, and Bullion Ecosystem Launch Enhanced JFXGold for Overseas Investors

M-DAQ Global, a leading Singapore-headquartered fintech  group specialising in foreign exchange (FX) and cross-border payment solutions, today  announced a landmark partnership with the Jakarta Futures Exchange (JFX) and Bullion  Ecosystem International.  

This partnership will see the implementation of M-DAQ’s Trading the Right Chart™ (TRC)  Solution for JFXGold, a gold product traded on JFX. Built in collaboration with Bullion  Ecosystem International, this industry-first multi-currency solution will enable international  investors, especially the Indonesian diaspora, to invest in JFXGold using their preferred  currencies, extending access beyond the Indonesian Rupiah and US Dollar. This provides FX  clarity and certainty at the point of trading, without the need for traditional fund conversions.  Investors will also have the choice of taking physical delivery of the gold or having it securely  stored on their behalf. 

Addressing the growing demand from investors for gold assets, this partnership aims to enhance the JFXGold investing process with flexibility and convenience. Investors can start  with just 0.01 gram of gold, make purchases using a variety of third-party payment options,  and repatriate their holdings in supported currencies, making gold investment more accessible  for international investors.  

Tan Choon Seng, Group CEO of M-DAQ Global, said, “Our strengthened partnership with the  Jakarta Futures Exchange and Bullion Ecosystem reflects a shared commitment to improving  financial access and efficiency across the ASEAN region. We believe the integration of TRC  into JFXGold will not only enhance cross-border trading but also offer a trusted means of long term wealth preservation through a globally recognised asset. This initiative represents a  significant leap forward in the development of cross-border investment options.”  

Yazid Kanca Surya, CEO of JFX, said, “We are excited to be working with M-DAQ and Bullion  Ecosystem on this innovative project. JFXGold supports Indonesia’s goals to expand gold related services and reserves, as well as introduces a new retail-focused investment product  tailored to the needs of today’s investors. By enabling gold to be both a tradeable asset and a  means of savings, this collaboration will help us reach a wider investor base while contributing  to long-term national value creation.”

The enhanced JFXGold platform is currently being piloted in Singapore with plans to roll it out  to other Asian countries, marking a significant step toward opening Indonesia’s commodities  market and meeting the growing global demand for accessible investment tools.