Backpack Onchain
@BackpackOnchain
Securities, Markets, and DeFi. From wallet to rails.
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TRON Network is now supported on Backpack Wallet.
▸ Swap tokens cross-chain between TRON and other networks
▸ Explore the TRON DeFi ecosystem
Stablecoins were the first hard part. Equities are the second.
@armaniferrante, @Backpack's founder, on why, once equities are on chain, the step to fixed income, private credit and real estate gets small.
Solana is the RWA chain.
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Issued by Backpack Securities, $ICE is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Intercontinental Exchange shares
▸ Transferable to traditional brokerages
NEW: @Backpack PARTNERS WITH KOREAN BROKER SK SECURITIES
ELIGIBLE USERS CAN TRADE KOREAN STOCKS IN THE BACKPACK APP
DEAL ALSO LAYS GROUNDWORK FOR TOKENIZED SECURITIES AND RWAS
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It’s an honor to partner with SK Securities to bring Korea’s capital markets to Backpack Securities. Tokenization is the most important update to global finance this year. This is it. We’re in the midst of history.
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Backpack and SK Securities are partnering to expand global access to Korean equities.
The partnership combines SK Securities’ institutional expertise in Korea’s capital markets with Backpack’s global reach to bring Korean stock trading to eligible investors through the Backpack app.
Building on our existing U.S. securities platform, the partnership also lays the foundation for collaboration in tokenized securities and real-world assets, connecting established capital markets with blockchain-based financial infrastructure.
Another step toward a single globally regulated financial marketplace.
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Backpack gives users a 1:1 path between an actual brokerage position and a stock token on Solana
Now these tokens can be used as collateral on Kamino to borrow USDC, a great example of the onchain equity stack coming together
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Allez Labs is onboarding @Backpack Securities tokenized equities, as collateral on @Kamino.
The Backpack Market pairs MU, SKHY, SPCX and SNDK collateral with USDC borrowing.
Backpack Securities connects traditional brokerage positions to @Solana's onchain credit markets through 1:1 redeemable tokenized equities.
The Backpack Market is live on @kamino, curated by @AllezLabs.
Borrow USDC against $SPCX, $MU, $SKHY or $SNDK without selling.
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Issued by Backpack Securities, $CAKE is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for The Cheesecake Factory shares
▸ Transferable to traditional brokerages
Backpack-issued tokenized stocks on @Solana are now supported on @CircuitAI.
Build AI-powered portfolios around your investment thesis, with automated rebalancing.
1:1 redeemability meets agentic finance.
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Circuit 🤝 Backpack
Excited to partner with @Backpack to support their tokenized stocks on @Solana
Why Backpack? 👇
✅ Redeemable 1:1 for the underlying shares through Backpack Exchange
0️⃣ Zero minting and redemption fees
Describe your thesis in circuit and your agent builds a portfolio with automated rebalancing
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Sunday is just another market day on Solana
People sleep on how much liquidity @BackpackOnchain has onchain on the weekend. If news breaks on a Sunday, you can actually do something about it.
Two Sundays ago, $TTWO ripped 12% onchain while the market was closed. A $240 sell limit set on Friday on @Titan_Exchange would've filled into the spike and beaten Monday's open by 12%.
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Across the 9 stocks that all issuers listed, @BackpackOnchain led on all-time turnover rate: its tokens traded 182x their market cap from launch to Oct 21.
Tokens by tokens, Backpack also led turnover rate in 5 out of 9: MRNA, SPCX, NFLX, AMD & SNDK.
More insights in our report 👇
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Backpack Securities led all issuers by 24h volume, with $105M+ traded on a Sunday while traditional US markets were closed.
24/7 equity markets, natively on @Solana.
Build on Backpack 🎒
Source: @Birdeye_so
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Backpack started with a world map on an office wall in Chicago.
Today it runs a US broker-dealer issuing real stocks onchain, trading on @solana around the clock.
CEO @armaniferrante: "To build something that would ultimately stand the test of time."
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Issued by Backpack Securities, $AAPL is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Apple shares
▸ Transferable to traditional brokerages
Apple designs and sells smartphones, personal computers, tablets, wearables and accessories, alongside a range of related services.
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Issued by Backpack Securities, $NVDA is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for NVIDIA shares
▸ Transferable to traditional brokerages
NVIDIA develops GPUs, AI computing systems, networking technologies and software for data centers, gaming and other accelerated computing applications.
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Issued by Backpack Securities, $AMZN is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Amazon shares
▸ Transferable to traditional brokerages
Amazon operates online retail and marketplace businesses, provides cloud computing through AWS, and offers advertising and subscription services.
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