What are Tokenized Stocks on Pluang?
Tokenized Stocks on Pluang are crypto assets that follow the price of a US company's shares, so you can invest in companies such as Anthropic that aren't offered as US stocks on Pluang. Tokenized Stocks on Pluang are facilitated by PT Bumi Santosa Cemerlang, a Digital Financial Asset Trader licensed and supervised by Indonesia's Financial Services Authority (OJK). Each tokenized stock has its own ticker ending in “x”, such as ANTx for Anthropic, and the name under the ticker says it is a tokenized stock, so you can tell it apart from the company's share. You buy and sell them in US dollars from your USD Cash, and the price follows the company's share price on the US market. Orders and trading hours work the same as for US Stocks on Pluang. A tokenized stock is not a share: it gives you no voting rights, although dividends, if the company pays any, are paid to you as additional tokens. You pay the standard crypto fees and tax, shown on the confirmation screen before you buy or sell.
Tokenized Stocks at a glance
| Feature | Detail |
|---|---|
| What it is | A crypto asset that follows the price of a US company's shares |
| Example | ANTx, the Anthropic Tokenized Stock |
| Facilitated by | PT Bumi Santosa Cemerlang, licensed and supervised by OJK |
| Paid with | USD Cash; sale proceeds go back to USD Cash |
| Price | Follows the company's share price on the US market |
| Orders and trading hours | The same as US Stocks on Pluang |
| Shareholder rights | No voting rights; dividends, if the company pays any, are paid as additional tokens |
| Costs | The standard crypto fees and tax, shown before you confirm |
To find a tokenized stock, open the US Stocks section of Explore, or search for its ticker, such as ANTx, and open its page. The first time you open a tokenized stock, the app shows a short explanation of how it works. Read it before your first trade.
Related questions
Q: Is a tokenized stock the same as a US stock on Pluang?
No. A tokenized stock and a US stock follow the same share price, but they are different products run by different companies. US Stocks on Pluang are facilitated by PT PG Berjangka, while Tokenized Stocks are crypto assets facilitated by PT Bumi Santosa Cemerlang. A tokenized stock gives you no voting rights, isn't covered by SIPC and is charged the standard crypto fees instead of US Stocks fees. Both are paid in US dollars.
Q: Which tokenized stocks can I buy on Pluang?
The tokenized stocks available on Pluang are listed in the US Stocks section of Explore, each with a ticker ending in “x”. Anthropic, as ANTx, is one of them. Pluang may add more over time, so search for the company or its ticker in the app to check whether a tokenized version is available. A company can be offered as a tokenized stock even when it isn't available as a US stock on Pluang.
Q: Do I need USDT or a crypto wallet to buy tokenized stocks?
No. Even though tokenized stocks are crypto assets, you never handle USDT or any other crypto to buy them. You pay in US dollars from your USD Cash, and when you sell, the proceeds go back to your USD Cash. If you only have rupiah, convert it to USD in the app first. That conversion is a separate transaction, with Pluang's IDR/USD exchange rate and its own fee shown before you confirm.
Q: Can I lose money on tokenized stocks?
Yes. The value of a tokenized stock rises and falls with the company's share price, so you can get back less than you put in. Because it is priced in US dollars, changes in the exchange rate also affect its value in rupiah. The transaction fee, third-party fees and tax on every buy and sell add to your cost. Past performance doesn't indicate future results, so read about the risks before you invest.
Last updated: 6 November 2026