Cashtree Partners with THF Ventures to Launch Global Services
Hongkong, Hongkong, March 21st, 2025, Chainwire
Cashtree, Indonesia’s leading mobile advertising platform, has signed a Memorandum of Understanding (MOU) with UAE-based venture capital firm THF Ventures DMCC, marking the beginning of its official global expansion.
Since its launch in 2016, Cashtree has collaborated with global projects and local Indonesian brands to run over 31,000 marketing campaigns, delivering more than IDR 75 billion in rewards to users. With a rapidly growing user base of over 22 million registered users, Cashtree has become one of the most influential reward-based mobile platforms in Indonesia.
In 2023, Cashtree introduced a Web3-based “Mission to Earn” (M2E) model and launched its native token, CTT (Cashtree Token), which is now listed on the major global exchange Bybit. This strategic move reflects Cashtree’s commitment to expanding its ecosystem and onboarding users into the decentralized economy.
THF Ventures, a prominent blockchain-focused VC based in Dubai’s DMCC, has a strong track record of supporting leading blockchain projects and driving successful global market entries. Through this partnership, THF will provide strategic infrastructure and investment support to accelerate the global rollout of Cashtree.
The global version of Cashtree is currently in the final stages of development and is expected to launch in the next quarter. As part of this initiative, Cashtree is also preparing to list its CTT token on additional top-tier global exchanges, further enhancing liquidity and accessibility for international users.
This partnership aims to combine Cashtree’s proven engagement model with THF’s global network and expertise to build a next-generation, Web3-driven reward ecosystem that is accessible and scalable worldwide.
About Cashtree
Founded in 2016, Cashtree is Indonesia’s leading mobile advertising platform, seamlessly integrating Web3 technology to enhance user engagement and rewards. With over 20 million registered users, the platform offers a unique “Mission to Earn” (M2E) model, allowing users to earn rewards by completing various tasks and engaging with content.
