Tokocrypto's ToKoin (Toko) Token, launched in April 2021, stands out in the Indonesian cryptocurrency arena as the inaugural token to adopt a hybrid model. Originating on the ERC-20 network, it has since expanded to the BEP-20 network. This multifaceted token, integral to Tokocrypto's ecosystem since its inception in September 2018, plays various roles within their blockchain framework. Its uses span from cryptocurrency trading to engagement in deposit and savings programs, interfacing with cross-platform Decentralised Finance (DeFi) applications, and participating in Non-Fungible Token (NFT) marketplaces.

In the Tokoin ecosystem, the Tokoin Token ($TOKO) serves as a versatile element, functioning as a reward, payment, and utility token. Its diverse uses include staking, where users can stake TOKO and other popular tokens or coins to earn competitive APY or APR, with varying locked withdrawal periods that help limit the token's circulating supply. The farming feature creates a rewarding pool for TOKO holders and partners, offering a variety of tokens as rewards and fostering collaboration with GameFi projects and startups to improve the efficiency of the token farming pool. Additionally, TOKO enables participation in thrilling mini-games with the potential for high returns, giving players opportunities to win substantial prizes in TOKO tokens. On social media platforms, TOKO can be used to gift friends and family, with the option to redeem points for physical goods or other tokens. Lastly, Tokoin offers a flexible wallet tailored for individuals and SMEs, equipped with convenient features like staking, OTC trading, and insurance.

Tokocrypto, the entity behind ToKoin, was the first to register under Indonesia's Commodity Futures Trading Regulatory Agency (BAPPEBTI) in November 2018. The development of the Tokocrypto platform involved a collaboration with Binance, a well-known cryptocurrency exchange.