Indonesia-based Tokocrypto, a crypto asset trading platform, launched Tokenized Stocks after a soft launch on June 23.

The product offers six blockchain-based tokens tied to global companies, including Nvidia and SpaceX, with 24-hour access.

Tokocrypto said the products use a 1:1 proof-of-collateral model that users can verify on-chain.

The tokens are designed to track reference share prices, but they do not give holders shareholder rights such as voting rights or dividends.

They also cannot be exchanged for the underlying shares unless that is explicitly stated in a product’s terms.

Tokocrypto currently offers tokenized assets representing SpaceX, Micron, SanDisk, Circle, Nvidia, and Tesla.

The launch comes as Indonesia’s regulatory framework for digital financial assets evolves, with the Financial Services Authority, or OJK, drafting its 2026-2031 roadmap for financial sector technology innovation, digital financial assets, and crypto assets.

🔗 Source: Kontan

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