Bali’s Rp23.8tn Investment Baseline at Coinfest Asia 2026

Bali — Coinfest Asia 2026 brought Indonesia’s digital-asset ambitions to Melasti Beach on 20–21 August, with officials using the Bali event to link crypto and blockchain to real-sector investment and the country’s broader plan for an international financial centre. The discussions highlighted Bali’s existing investment base and emerging blockchain activity, but stopped short of announcing any specific tokenization project for local assets.

According to Medcom.id, Deputy Minister of Investment and Downstreaming and Deputy Head of BKPM Todotua Pasaribu argued that Bali should add new economic pillars in finance, technology, digital services, professional services and innovation while keeping tourism as the main foundation of its economy. He was quoted as saying that Bali does not have to abandon tourism, but should develop new sectors around it.

Medcom.id reported that realized investment in Bali reached about Rp23.8 trillion in the first half of 2026, or roughly US$1.44 billion, reflecting the province’s continued attractiveness for capital. Cumulatively, from 2021 through the first half of 2026, investment amounted to Rp147.4 trillion, with 60.9 percent coming from foreign direct investment. These figures underline that Bali’s economy remains heavily tied to tourism and property even as policymakers talk up technology and finance.

The same report noted that hotels and restaurants accounted for Rp44.7 trillion, or around 30 percent of cumulative investment in the period, while housing, industrial estates and offices contributed Rp42.1 trillion, or 28.5 percent. Other sectors included services at Rp24.5 trillion, trade and repairs at Rp14 trillion, and transport, warehousing and telecommunications at Rp9.5 trillion. Together, these numbers show that hospitality, real estate and related services still dominate Bali’s investment profile.

The blockchain and digital-asset baseline

Medcom.id, citing BKPM data, reported that Bali ranked second nationally after Jakarta for investment under KBLI 62193, the classification that covers blockchain-based application development, smart contracts, public and private blockchain infrastructure and distributed-ledger applications. Investment in Bali under this category reached Rp13.1 billion from 2023 through the first half of 2026, representing about 9.9 percent of the national total.

Jakarta’s comparable investment was Rp115.3 billion, or 87.4 percent of the total, highlighting the capital’s dominance in blockchain development activity. Nationally, investment in KBLI 62193 rose from Rp20.75 billion in 2025 to Rp71.38 billion in the first half of 2026, with cumulative realization since 2023 reaching Rp131.9 billion. These figures indicate growing interest in blockchain infrastructure and applications but remain modest relative to Indonesia’s overall investment needs.

Reports on Coinfest Asia 2026 describe the two-day festival as a major gathering for the global crypto industry, bringing around 10,000 participants from more than 90 countries to five beach clubs in the Melasti Beach area. Indonesian policymakers and industry figures used the event to discuss regulation of digital assets, stablecoins, tokenization, and the potential role of crypto in a wider financial ecosystem.

Tokenization framed as a proposal

Coverage of Coinfest Asia 2026 portrays tokenization as a proposed bridge between digital-asset capital and productive investment rather than an established financing channel for Bali businesses. Pasaribu and other officials urged that digital assets be viewed not only through trading and user adoption, but also as a source of capital that could support sustainable funding in the real sector.

They pointed to possible applications involving real assets and commercial activities, but did not specify any particular Bali-based hotel, villa, commodity or other asset selected for official tokenization.

Available coverage does not identify a signed tokenization project for Bali, a named issuer, a confirmed financing amount or a binding implementation timetable. The investment data cited by officials and media refer to spending on blockchain application development and infrastructure, not the value of businesses financed through tokenized instruments. For local firms, any future tokenization scheme would still need to address valuation, legal ownership, investor protections, compliance and secondary-market arrangements.

Bali and the Indonesia International Financial Centre plan

A second theme at Coinfest Asia 2026 was Indonesia’s plan for an international financial centre, referred to as the Indonesia International Financial Centre (IIFC) or Pusat Finansial Internasional Indonesia (PFII). According to reporting by Metro TV and other outlets, the PFII framework is intended to serve as a global-standard financial hub connecting international capital to Indonesian and ASEAN projects, including new asset classes such as crypto and tokenized real-world assets alongside traditional banking and private equity.

Metro TV reported that Jakarta has been designated as the initial PFII location following the passage of the PFII bill by the House of Representatives on 21 July 2026, while Bali is being considered as a subsequent area for expansion. Separate coverage from the National Economic Council (DEN) indicated potential investment volumes via PFII in the range of Rp300 trillion to Rp500 trillion.

These plans align with the messages delivered at Coinfest Asia, where officials described PFII as a way to deepen Indonesia’s financial markets and attract more global capital.

For Bali, the PFII discussions point to an ambition to add higher-value financial and professional services around its tourism core, supported by emerging activity in blockchain and digital assets. The province’s current investment data and the still-limited scale of blockchain-related spending suggest that this transition remains at an early stage, with Coinfest Asia 2026 serving more as a platform for outlining policy directions than for announcing completed tokenization deals.

Sources

• Investortrust.id
• Yellow.com press release
• BitPinas
• The Jakarta Post (Quick Dispatch)
• MSN / ekonomi aggregation
• IndonesiaCrypto.Network
• Medcom.id
• Cnyes News
• Kontan
• Metro TV / MediaIndonesia group