SEC Clears Way for US Stock Tokenization, Bittime Monitors Market Developments

Jakarta, September 25, 2026 - Bittime, a Digital Financial Asset Trader (DAA), asIndonesia's Gateway to Global Assets, which is registered and supervised by the Financial Services Authority (OJK), continues to monitor the global development of Tokenized US Stocks as attention grows on the use of blockchain technology to represent traditional financial assets.

These developments come as regulators in various countries begin to explore regulatory frameworks for assets thattokensIn the United States, the U.S. Securities and Exchange Commission (SEC) provides a temporary and conditional regulatory pathway for certain venues to facilitate trading of publicly traded stocks tokens. 

Meanwhile, in Indonesia, the OJK is also preparing a regulatory framework related to asset offerings.tokensor Real World Asset (RWA) tokenization.

"The development of tokenized U.S. stocks demonstrates that tokenization is increasingly becoming part of the discussion about the future of access to global assets. For Indonesia, this development is important to observe as the regulatory framework for tokenized assets is being prepared. Bittime will continue to monitor these developments while prioritizing regulatory compliance, education, and risk understanding," said Bittime's Director of Operations, Ryan Lymn.

SEC Provides Temporary Path for Tokenized Stocks

In the official announcement on September 17, 2026, the SEC granted temporary, conditional exemptive relief for five years to a number of specific venues to facilitate stock tradingNational Market System(NMS) whichtokens.

Within this framework, stocks that tokens through a venue that meets the requirements must provide the same rights and privileges to its holders as traditional shares of the same class. For shares that tokens by a third party not affiliated with the publishing company, the venue is also required to provide notification to the publisher and provide an opportunity to raise objections.

This development comes amidst the growth of the global tokenized stocks market data RWA.xyz as of 16 September 2026, distributed value tokenized stocks reached around US$2.92 billions, with approximately 3.63 million holders And 1,99 millions active addresses RWA.xyz also lists thousands of tokenized stock assets within its data coverage.

The Potential of Tokenized RWA Regulation in Indonesia

The global development of tokenized RWAs is also taking place alongside the preparation of a regulatory framework in Indonesia. Press Release of the April 2026 Monthly Board of Commissioners Meeting, OJK stated that it is currently preparing the Draft OJK Regulation (RPOJK) regardingTokenized Asset Offerings or Real World Asset Tokenization (RWA).

According to the OJK, the regulation is intended to regulate Digital Financial Assets that represent real assets in digital form through a tokenization mechanism.

The substances prepared include, among other things, the RWA criteria that can betokens, procedures for organizing asset offerings tokens, licensing process, protection Consumers, as well as financial recording and reporting mechanisms by token issuers. The drafting of the RPOJK follows the graduation of several OJK Sandbox participants who developed RWA tokenization business models.

“A clear regulatory framework is an important part of the development of assets that tokens. As global innovation continues to develop, the direction of regulations in Indonesia is also an important factor in ensuring that the development of RWAs runs with good governance, transparency, and protection adequate consumers,” said Ryan.

Globally, the development of tokenized stocks also shows growing activity. Based on RWA Report 2026 from CoinGecko Research, the market capitalization of tokenized stocks reachedUS$486.69 million by the end of March 2026, while the spot trading volume of tokenized stocks reachedUS$15.12 billion in the first quarter of 2026.

Bittime Follows Global Asset Access Developments

The global trend of Tokenized US Stocks is also reflected in the activity of Tokenized US Stocks on Bittime. Bittime report on RWA developments, Tokenized U.S. Stocks transactions on Bittime increased 2.5 times in July 2026 compared to June 2026.

Currently, Bittime provides 34 Tokenized U.S. Stocks, which provides Indonesian users with access to digital assets representing shares of a number of global companies. Some of the tokenized US stock assets available on Bittime include MSTRX, CRCLX, TSLAX, NVDAX, And SPYX. 

This development is part of Bittime's efforts as Indonesia's Gateway to Global Assets to keep abreast of developments in access to various global assets through the digital asset ecosystem, while still adhering to applicable regulations.

"The growth in tokenized U.S. stock transactions demonstrates the growing interest in accessing global assets through the digital ecosystem. As Indonesia prepares its RWA regulatory framework, Bittime will continue to monitor global developments while prioritizing compliance, education, and risk awareness so users can understand product characteristics before making transactions," Ryan concluded.

Tokenized stocks still carry a number of risks, including changes in the value of the underlying asset, liquidity, issuance and custody structures, and market and technology risks. Users should understand the structure, mechanisms, characteristics, and terms and conditions applicable to each product before making a transaction.