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PINTU announces listing of tokenized SpaceX and Tesla equities on its platform
PINTU has announced that tokenized versions of SpaceX and Tesla stocks, identified as SPCXX and TSLAX, are now available on its platform. These new listings allow users to gain blockchain-based economic exposure to the underlying companies.
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PINTU has introduced tokenized representations of SpaceX and Tesla stocks, respectively labeled as SPCXX and TSLAX, on its platform. According to the broker, these tokens are part of the xStocks offering and provide blockchain-based economic exposure mirroring traditional stock ownership, with each token backed by underlying shares held in regulated custody. The tokens can be accessed in fractional amounts starting from low minimums, and are tradable 24/7, unlike conventional U.S. equities. Holders receive economic exposure—including automatic dividend reinvestment where relevant—but do not acquire shareholder rights, and actual share redemption is not available. The offerings are subject to Indonesian regulations, and underlying shares are kept in segregated custody to mitigate issuer insolvency risks.
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PINTU is a mobile-based cryptocurrency platform tailored for Indonesian users, enabling the buying, selling, storage, and transfer of over 65 digital assets via spot trading, OTC transactions, and staking features. The platform supports deposits and withdrawals in both cryptocurrencies and fiat rupiah, operates under Indonesian regulatory agencies (Bappebti and Kominfo), and offers a native token (PTU) with staking benefits. For further details, see the broker profile on Traders Union: full review on Traders Union.
In the previous PINTU update on Traders Union, the broker announced the winners of its 'Tokenized Asset Favoritmu' giveaway and shared details about participant selection. For more information, see the previous PINTU update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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