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Tokenised Stocks — Overview

Status: liveAudience: PublicLast updated: Nov 01, 2025

Tokenised Stocks — Overview

PINX tokenised stocks & ETFs are standard SPL tokens on Solana for simple custody, fast transfers, and clear on‑chain history — with optional on‑chain dividends when the underlying distributes.

SPL standard Fractional On‑chain settlement

What they are

  • Each supported symbol (e.g., AAPL, NVDA, SPY, QQQ) maps to a dedicated SPL mint on Solana.
  • Tokens are fungible: 1.0 token aims to represent 1.0 unit of the referenced instrument (UI shows the configured decimals).
  • They behave like standard Solana assets: transferable, swappable, compatible with DeFi, and (when available) stakeable into dividend pools.
ETFs too — The same model applies to ETFs. When an ETF distributes, those flows can appear as on‑chain rewards via dividend pools.

Why they exist

  • Global access — equity/ETF exposure in a 24/7 programmable environment.
  • Fractional ownership — hold less than a whole unit (e.g., 0.001 share).
  • Composability — use wherever SPL tokens are supported (Swaps, Escrow Orders, Rewards, Launchpad).
  • Unified experience — stocks, ETFs, and crypto side‑by‑side in the same wallet.

How issuance works (SPL)

  • One mint per symbol — a clear, canonical mint address for each listed stock/ETF.
  • Decimals — typically 9 (stablecoins often 6). The app shows the correct precision per asset.
  • Governance & controls — listing, supply discipline, and pause flags managed by multisig governance.
  • Metadata — ticker, name, sector/category, icon, and decimals via a public registry for consistent UI.
  • Program pinning — core programs are pinned by ID with strict PDA ownership checks.
Good to know
  • You interact with them like any SPL token; no special wallet is required.
  • Partners can query registry snapshots for canonical metadata and pool/sale states.

Pricing & corporate actions

  • Prices in‑app reflect external market references (e.g., consolidated exchange data). On‑chain trading uses AMMs and order routing.
  • Corporate actions (splits, renames, mergers) are reflected via transparent governance updates (supply remaps, metadata refresh).

Dividends (when applicable)

  • For dividend‑paying symbols, distributions may be deposited into a pool and claimed by users who stake the token.
  • Pro‑rata via a rewards‑per‑share model; partial claims are supported (unpaid remainder stays Pending).
  • Learn more: Rewards (SPL) — Overview

End users

  • Acquire via Swaps or Escrow Orders.
  • Hold in Phantom, Solflare, or any Solana wallet.
  • Stake into dividend pools (when available) to receive distributions.

Partners & integrators

  • Embed in broker‑style dashboards, custodial apps, or structured products.
  • Route trades via approved liquidity pools or RFQ paths.
  • Read registry snapshots for canonical metadata and pool/sale states.

Quick start

  1. Find the mint — look up the symbol’s SPL mint & decimals in the public registry.
  2. Swap — use Jupiter with the mint as input/output. See Swaps — Overview.
  3. Escrow — place a limit/conditional order. See Escrow (Orders) — Overview.
  4. Rewards — if available, stake the token and claim rewards. See Rewards (SPL) — Overview.

See also