Stocks and Gold Can Now Be Tokenised, Market Surpasses Rp 693.67 Trillion

The real-world assets (RWA) tokenisation sector has recorded rapid growth over the past two years. According to data from RWA.xyz as of 8 May 2026, cited by Pintu Academy, the market capitalisation of asset tokenisation has reached $39.6 billion, equivalent to approximately Rp 693.67 trillion (assuming an exchange rate of Rp 17,517 per US dollar). This value has surged sharply compared to the beginning of 2024, when it was still at $1.8 billion, or about Rp 31.53 trillion. Asset tokenisation represents a digital representation of real-world assets such as US stocks, bonds, or gold, issued in the form of tokens on a blockchain network. Each token maintains a 1:1 value ratio with the underlying asset. Through this mechanism, real-world assets can be traded digitally, with transactions occurring in seconds, available 24 hours a day, and featuring transparency based on blockchain technology. The entry of several major global financial institutions, such as BlackRock, JPMorgan, and Goldman Sachs, is seen as indicating that tokenisation is developing into a new foundation for global financial infrastructure. One of the most popular instruments currently is the tokenisation of global stocks and commodities. Technology company stocks like Apple and Nvidia, as well as gold commodities through tokens like PAXG, have become products eagerly sought by investors. Through tokenisation, retail investors can now purchase fractions of global assets without needing large capital or going through complicated cross-border investment processes. “Investors can buy US company stocks and physical gold with capital starting from Rp 11,000,” stated PINTU in a press release on Tuesday (12 May 2026). The implementation of a self-custody system on blockchain also allows investors to have direct control over their assets without fully relying on third parties like brokers. In traditional asset schemes, buying and selling processes generally still depend on brokers, exchanges, and market conditions. In contrast, with asset tokenisation, transactions can be conducted instantly.