Cryptocurrency exchange JuCoin has launched the Initial Exchange Offering (IEO) of OSTRA, Southeast Asia’s first tokenised electric vehicle (EV) charging infrastructure project. Ostra operates modular EV charging stations across Indonesia and nearby markets, backed by royal Indonesian capital and an exclusive grid partnership with state utility PLN. The OSTRA token allows investors to share in revenues from these stations, with all transactions recorded on JuChain’s blockchain for transparency and efficiency.
The IEO opened on July 1, 2025, offering 100 million tokens at 0.022 USDT each. The platform aims to bridge real-world infrastructure with blockchain-based investment, helping address Southeast Asia’s EV infrastructure gap amid rising adoption. Backed by partnerships, the project aligns with regional e-mobility goals and offers investors access to traditionally restricted infrastructure assets. Ostra’s deployment model emphasises regulatory clarity, scalable urban rollouts, and a circular, revenue-sharing structure to support the region’s clean transport transition.