Spent the past week meeting with folks across DC to share @Backpack’s story as we make our way home into the USA. With the Clarity act on everyone’s mind, it’s hard to appreciate not only how much folks in this town care about ensuring American capital markets lead the world, but also just how knowledgeable they are on crypto. There’s no better example than Senator @JohnBoozman, who was gracious enough to meet with us. Although it may feel like we’re in the depths of a bear, there is so many reasons to be inspired about the future. I’ve never been so optimistic on this industry as I am now.

The Weekend Market Session is here on @Backpack. Until now, US equities were built around a fixed schedule. - 9:30am ET open. - 4:00pm ET close. - Weekends off. Crypto changes that. @solana changes that. With the launch of $SPCX, the market opened on a Friday and kept trading well into the weekend. The launch of @Backpack Securities was more successful than we could have possibly imagined. But the job's not done. As crypto rails continue to mature, there's still one missing piece. Still, no traditional brokerages allow you to trade 24/7 over the weekend. If you're not in crypto already, this might seem impossible. But it's not. Today, we're bringing weekend trading to Backpack with a brokerage native order book. The key point is simple: Users on @Backpack trade the same real US securities over the weekend as they trade during the week. - This is not a separate system. - It's not a different product. - It's the same stock on the same app in the same brokerage. - Now, with an additional liquidity source for the weekend. Naturally, weekend liquidity will be different from regular-hours liquidity. Spreads may be wider. Depth may be thinner. Price discovery will evolve. - This was true when extended hours started. - This was true when overnight trading started. - It is true here too. But the direction is clear. For us, getting DeFi right is one part of the equation. Getting the brokerage right and bringing the power of blockchains to traditional finance is the other part of the equation. Together, they must grow in tandem to be able to bring equity markets into their next phase. Backpack is doing to equities what Tether did to fiat: giving anyone with access to a wallet and an internet connection access to everything in a modern brokerage. The era of the neobrokerage is coming. Backpack is doing to weekends what Blue Ocean did for overnight trading: building a dedicated liquidity model for the time when traditional U.S. exchanges are closed. The era of 24/7 is coming. It's going to take a lot of time and energy to get this right. It won't happen overnight, but today, it begins. The future is already here. It's just not evenly distributed yet.

@Backpack has quickly become the dominant issuer in tokenized equity DEX volume. The market was mostly xStocks and PreStocks through April and May. Since mid-June, Backpack-issued equities have taken majority share on most days. Having its stocks be fungible is a key selling point imo. As fungibility is also important for market makers, which in turn creates better execution for users trading tokenized stocks.

$BP Staking Snapshot — Jul 03, 2026 01:00 UTC • Total staked: 157.99M BP • Staked ratio: 63.20% • BP price: $0.6240 • Market cap: $156.00M • 24h net change: +92.8K BP (+0.04%p) • Total scheduled unlocking: 1.428M BP Staking increased over the last 24h. Data is sampled every 5 minutes. Minor discrepancies may occur.

After using the @Backpack card, this experience is simply incredible. I am able to have all my DeFi wallets, exchange wallets, and card in one app and move money to wherever I need it in seconds. This experience is totally seamless and it feels like AirPods linking to iPhone…

The hybrid crypto model is heading toward extinction. Crypto projects must choose between complete regulatory compliance or pure decentralized censorship resistance. You can't sit in the middle anymore. "It's just not going to exist in 10 years, right?" @armaniferrante

I want to share some of my go-to Japanese cooling "cheat codes" that I highly recommend to survive the summer: 1. Biore Cooling Body Sheets (-3°C) Perfect for a quick wipe down after stepping out of the subway. It instantly drops your skin temp and keeps you feeling fresh. 2. GATSBY Ice-Type Facial & Body Wipes (Ultra-Cool) If you need something stronger, these have a serious minty kick that freezes away sweat and oil instantly. 3. PCM Smart Cooling Neck Rings (Brands like SUO / ICE RING) A massive trend here in Japan. They freeze automatically under 28°C (no fridge needed!) and keep your neck comfortably chilled without condensation. 4. Hakugen Shirt Cool Spray (Extra Strength) Just spray it on your clothes before heading out. Whenever you sweat, it reacts and turns your clothes into a personal AC unit. 5. Kobayashi Body Cooling Gel Patches (Extra Cool) Discreet gel sheets you can stick on the back of your neck or wrists for hours of continuous cooling. These are total lifesavers in this heat! Highly recommend picking some up if you can🧊🔥 And then this is what @armaniferrante said

@stevensarmi @Backpack The other thing everyone misses is how important it is to be able to trade between Nasdaq <> @solana to keep onchain prices in line. No other issuer talks about it because they don't actually care about onchain liquidity. Imo that's the north star.

This is exactly the argument that happened when @Backpack launched tokenized securities. The truth is people wont trade them, what people actually want is ownership. You can get exposure onchain already, thru xstocks or ondo, and now robbinhood stocks? The reality is they want redeemability, its why their offerings for $SPCX solana:MUxEsUKSMACyw5fZf68wxf5FLnZVhtU9CwH8uNNGay1 and solana:SNDKbwMUQvZhnLnxLduradgLHG5KrPuKwpnrkkGRhfH are so popular, its why theres actual volume for these vs the others. You actually can trade them for the underlying all within the platform back and forth, they are 1 to 1, no one else can claim this, they simple have exposure.

which are the best bets to make to get exposure to the tokenized stocks trend on solana? solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy solana:METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL solana:68Nq68CrtLVpyvK5Un7UADiNczaGf39hBbj3diRsYj6D am sure im missing some