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[BUSINESS] · Indonesia, United States, China · 2 sources

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Tokenized stocks provide Indonesian investors access to Alibaba and Amazon

Investors in Indonesia are gaining easier access to major global technology and e-commerce stocks, such as Alibaba and Amazon, through the use of tokenized stocks. This method utilizes blockchain technology to create digital representations of traditional securities.

Tokenized stocks allow for fractional ownership, meaning investors do not need to provide the full price of a single share. For example, Amazon shares can be purchased using Indonesian Rupiah through platforms like Pintu, bypassing the need to convert currency to US Dollars first. Similarly, Alibaba shares, which trade on the New York Stock Exchange and Hong Kong exchanges, can be accessed via these digital tokens. The structure typically involves an issuer purchasing the underlying asset and holding it through a custodian before issuing the digital tokens to users.

Entities

Alibaba Group Holding Limited · Amazon.com, Inc. · Pintu

Sources