Who facilitates Tokenized Stocks on Pluang, and how are they regulated?
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). Tokenized stocks are crypto assets, so they are offered by the same company, under the same OJK supervision, as crypto assets on Pluang, not by the company that facilitates US Stocks. You buy and sell them in the Pluang app in US dollars, and their price follows the company's share price on the US market. Because a tokenized stock is a crypto asset rather than a security held in your name, the protections that apply to US Stocks on Pluang, such as SIPC cover, don't apply. It isn't a bank deposit either, so it isn't covered by Indonesia's deposit insurance agency (LPS). This is also why a tokenized stock shows different company details from a US stock in the app.
Tokenized Stocks: company and regulator
| Detail | |
|---|---|
| Company | PT Bumi Santosa Cemerlang |
| Licence | Digital Financial Asset Trader (Pedagang Aset Keuangan Digital) |
| Regulator | Indonesia's Financial Services Authority (OJK) |
| Type of asset | Crypto asset |
| Not covered by | SIPC (US brokerage protection) or LPS (Indonesian deposit insurance) |
Each Pluang product in Indonesia is run by an Indonesian company (PT) licensed by an Indonesian regulator. US Stocks, for example, are facilitated by PT PG Berjangka, which is why a tokenized stock and a US stock show different company details in the app.
Related questions
Q: Why does a crypto company facilitate a stock-linked product?
Because a tokenized stock is a crypto asset, not a share. On Pluang, crypto assets are facilitated by PT Bumi Santosa Cemerlang under its OJK licence as a Digital Financial Asset Trader, so tokenized stocks are too. This applies even though their price follows a US company's shares and they are traded in US dollars during US Stocks trading hours.
Q: Is my tokenized stock protected like my US stocks?
No. US Stocks on Pluang have protections tied to their US custodian, including SIPC cover. A tokenized stock is a crypto asset facilitated by PT Bumi Santosa Cemerlang, so those protections don't apply. Tokenized stocks are also not bank deposits and aren't covered by LPS. Before you buy, make sure you understand the risks of Tokenized Stocks and how they differ from US Stocks.
Q: Where can I check which company facilitates a tokenized stock?
The product information for each tokenized stock in the app names the company that facilitates it, along with the product's terms. Tokenized stocks name PT Bumi Santosa Cemerlang, which also facilitates crypto assets on Pluang, while US stocks name PT PG Berjangka. Check it whenever you aren't sure which product you are looking at before you buy or sell anything.
Q: Does Pluang give investment advice on tokenized stocks?
No. Pluang provides the platform to buy and sell tokenized stocks and information about how they work. It doesn't recommend whether to buy or sell any tokenized stock. Any AI-generated insights or news shown on the asset page are for general information only and aren't investment advice. Make your own decision based on your goals and how much risk you can take.
Last updated: 6 November 2026