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Tokocrypto has introduced tokenized stocks, allowing Indonesian users to access crypto tokens representing global equities such as Tesla, NVIDIA, and SpaceX, with each token backed 1:1 by underlying shares and supported by on-chain proof of collateral. The launch is part of Tokocrypto's real-world asset strategy and occurs as Indonesia prepares to update regulations around asset tokenization.
Tokocrypto has launched a 'Tokenized Stocks' feature, allowing Indonesian users to access crypto tokens that represent shares in global companies such as Tesla, NVIDIA, SpaceX, Circle Internet Group, Micron Technology, and SanDisk. Each token is backed 1:1 by the corresponding underlying share and includes on-chain proof of collateral, enabling users to access these assets without the need for an overseas brokerage account.
The initiative is part of Tokocrypto's expansion into real-world asset tokenization and operates under a regulatory framework compliant with United Arab Emirates (UAE) standards. Tokocrypto has stated that this product launch aligns with anticipated regulatory developments in Indonesia, specifically pending guidelines from the country’s financial regulator (OJK) on tokenization of real-world assets.
Tokocrypto is an Indonesian cryptocurrency platform established in 2018, offering access to over 300 trading pairs, support for both manual and AI-assisted trading, and a proprietary mobile trading application. The platform features a high-security standard, competitive commissions, and supports NFT sales, along with universal and customizable trading bots, signals, and round-the-clock customer support. More information about the broker can be found in the full review on Traders Union.
For further background, our earlier news about Tokocrypto detailed the broker’s support for the Toncoin (TON) rebranding to Gram (GRAM), including the removal of TON trading pairs and cancellation of related orders. You can read more in the previous Tokocrypto update on Traders Union.