The development of blockchain technology is opening alternatives for\nIndonesian investors to gain exposure to assets related to US company\nstocks through the digital asset ecosystem.<\/p>\n
One such mechanism is the tokenisation of stocks, or tokenised\nstocks, which are digital assets designed to follow the value of\nspecific shares. This product differs from direct share ownership\nthrough a securities firm that provides access to the US stock\nexchange.<\/p>\n
One of the stocks attracting significant global investor attention is\nTesla, the US electric vehicle company, which exhibits highly dynamic\nprice movements. For investors wishing to gain exposure to Tesla shares\nthrough the digital asset ecosystem, several platforms serve as viable\noptions, including Pintu, Bittime, and Tokocrypto.<\/p>\n
However, investors must pay close attention to the characteristics of\neach product, as not all digital assets linked to specific companies are\ntokenised stocks.<\/p>\n
Pintu is one of the platforms offering tokenised stock products to\nprovide exposure to several global companies. Through this product,\nusers purchase digital tokens whose value is designed to track the\nunderlying stock. Consequently, this product differs from purchasing\nshares directly through a broker or securities firm in the United\nas.<\/p>\n
Available tokens include NVDAX, which tracks NVIDIA; AMZNX for\nAmazon; AAPLX for Apple; TSLAX for Tesla; GOOGLX for Alphabet; and METAX\nfor Meta. Pintu stated that these tokenised stocks are supported by a\n1:1 underlying asset ratio, with the underlying assets held by a\nlicensed custodian.<\/p>\n
The product also allows transactions to be conducted 24 hours a day,\nseven days a week. Pintu noted that users can purchase tokenised stocks\nwith amounts starting from approximately Rp11,000. This ease of\ntransaction amount and timing is a key difference from conventional\nstock trading, which follows exchange trading hours.<\/p>\n
Nevertheless, investors must remain mindful of risks such as stock\nprice fluctuations, digital asset risks, issuer risks, liquidity, and\nthe differences in rights between token holders and direct\nshareholders.<\/p>\n
Bittime is a digital asset platform also involved in the development\nof the Real-World Assets (RWA) ecosystem. The tokenisation of RWA allows\nreal-world assets to be represented as digital tokens running on a\nblockchain network. This concept is evolving as part of the integration\nbetween traditional asset markets and blockchain technology.<\/p>\n
However, investors need to ensure the characteristics of every\nproduct available on the platform. RWA products do not always signify\ntokenised stocks. Before conducting transactions, investors should\nverify information regarding the underlying asset, the token issuer, the\nblockchain network, the pricing mechanism, transaction fees, liquidity,\nand asset withdrawal terms. Product availability may also change\naccording to platform policies and market conditions. Therefore,\ninformation regarding an asset should be checked via official\napplications or channels before transacting.<\/p>\n
Tokocrypto is one of the crypto asset trading platforms in Indonesia\nthat provides a variety of digital assets. For investors seeking\nexposure to US company stocks through digital assets, it is vital to\ndistinguish tokenised stocks from crypto assets that merely use a\ncompany\u2019s name or have certain associations with it.<\/p>\n
Before purchasing a token, investors need to know whether the asset\nhas shares as its underlying, who the issuer is, how the underlying\nasset is stored, and what rights are attached to the token.\nAdditionally, aspects such as trading costs, spreads, and liquidity must\nbe considered. Tokens with low liquidity have the potential for larger\nbuy and sell price spreads, which can increase risk when an investor\nintends to sell the asset.<\/p>\n
Understanding Product Characteristics<\/p>\n
The emergence of tokenisation provides an alternative for investors\nseeking exposure to global companies through digital asset\ninfrastructure. However, investors must understand that buying tokenised\nstocks is not always the same as buying shares directly. Ownership\nstructures, investor rights, underlying asset storage mechanisms, token\nissuers, and available protections may differ.<\/p>\n
Therefore, before transacting, investors should examine official\ndocuments and information regarding the product they intend to purchase.\nAn understanding of the underlying asset, tokenisation mechanism, costs,\nliquidity, volatility, and issuer risk is essential so that investors do\nnot merely focus on the potential profit from stock price movements.\nThus, Pintu, Bittime, and Tokocrypto can be part of the options for\nexploring the development of digital assets and tokenisation, provided\nthat the availability and characteristics of products on each platform\nare checked regularly before making decisions.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/three-applications-for-us-stock-exposure-via-crypto-assets-1788872784", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }