GoLadsCS @GoLadsCS

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 CEO Armani Ferrante on CNBC, breaking down 24/7 trading of US equities on Solana "What the tokenized stock issuers are doing today is taking a traditional brokerage, putting stocks into it, then wrapping it into a completely separate security, a completely separate instrument that has different properties. Different legal rights, cash settled, more akin to a CFD rather than an actual security entitlement" "What we're doing is really for the first time opening up 24/7 trading for a genuine bonafide security entitlement. Markets will close on Friday in the US, and over the weekend, Saturday and Sunday, people through the Backpack brokerage will continue to trade. They'll get the exact same asset you would expect from your neighborhood brokerage account" "Jensen Huang loves to say the world needs to build on the American tech stack, but we don't talk enough about the world building on US capital markets. Look at stablecoins. Internationally it's a story about access, the entire world wanting US dollars even without local USD banking rails. Circle and Tether grew to be some of the largest holders of US Treasuries. We fully expect tokenization of US equities to have the exact same effect"

Backpack launches the first 24/7 brokerage for real US equities. International investors can now buy and sell select US equities on Backpack 24/7/365. Not synthetic. Not derivatives. Real shares — tradable around the clock. Via the first always-on market infrastructure connecting direct TradFi brokerage access with 1:1 redeemable onchain liquidity. Starting with SpaceX (SPCX), Micron (MU), and SanDisk (SNDK). More coming. Capital doesn’t sleep. Markets shouldn’t close.

Tune in: Our CEO @armaniferrante joins Morgan Brennan on @CNBC’s Morning Call at 5:00 AM ET. cnbc.com/live-tv/

Not sure if you saw this (and I'm biased of course), but I would argue @Backpack Securities is an extremely important milestone and hugely substantive. It's the first time in history where you can build native onchain @solana DeFi stock markets that can arb and keep prices in line with Nasdaq at the speed of a token. The first time where you have a real, genuine, 1:1 redeemable mapping between a token and a security entitlement--and you see the consequence of this directly in the liquidity on the network 24/7. No other tokenized stock or network has this right now. x.com/armaniferrante…

Armani Ferrante @armaniferrante

a month ago

To give you a concrete sense of what we're doing with @Backpack Securities. - Trade stocks on Backpack - Deposit/Withdraw to Solana - Trade on DeFi in your wallet - On/off ramp to your brokerage account Tokenized stocks that are redeemable for the real thing just like a

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SK Hynix is coming this Friday. Trade SK Hynix shares on Backpack Securities at its US listing, and trade $SKHY as a tokenized stock listed on @solana via @sunrise. 1:1 redeemable. Trade between Nasdaq and Solana through Backpack.

Happy 250th Independence Day, America! 🇺🇸

@andyyy There's only one tokenized stock product in the world that lets you trade between Nasdaq and DeFi at the speed of a token. Most (though not all) other models will become obsolete.

fyi this is regulatory equivalent of launching a starship without blowing up the launch pad

Armani Ferrante @armaniferrante

2 weeks ago

There are three main licenses in Europe covering different regulated activities: - MiCA (crypto-asset services) - MiFID II (investment services) - PSD2 (payments) Today, only a select few companies in the digital asset industry have attained any of these. Even fewer have all

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Backpack-issued securities have crossed $1B in cumulative onchain volume. A huge milestone for a market that only started forming. $SPCX opened the door. $MU, $SNDK and $DRAM built the memory market. $BOT now brings robotics and embodied AI onchain. This is still early. But the pattern is clear: real market exposure crypto rails redeemability transferability Asset by asset. Brick by brick.

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

There are three main licenses in Europe covering different regulated activities: - MiCA (crypto-asset services) - MiFID II (investment services) - PSD2 (payments) Today, only a select few companies in the digital asset industry have attained any of these. Even fewer have all three. It's been a long grind, but I’m proud to say Backpack is one of them. Doing this in one country is really hard. It takes a whole team, years of work, and an enormous amount of patience to get it done. Doing it in every country around the world is another thing altogether. There's no short cut. Just years and years of relentless execution. Things that are invisible in the short term, but for which in the long term they add up. Every day we get a little bit closer to building a truly global, crypto-native financial institution for the future of money. Today, we're a little bit closer. 🧱🧱🧱

Backpack 🎒 @Backpack

2 weeks ago

Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia. Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments. This milestone strengthens our ability to serve users across all 27 EU

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Backpack证券AMA来了🖤 欧洲市场正在洗牌，我们邀请到了两位欧盟合规领域的核心人物，与大家一起解读：风浪过后，欧洲市场将重塑怎样的新格局？ Backpack在欧洲深耕已超过3年，搭建起一张完整的合规网络。未来几天，我们将正式揭晓—Backpack已斩获欧盟第一梯队牌照，多项业务即将全面展开 所有Alpha，尽在这场AMA 转发并且评论，我们会抽取幸运用户！

new dividends tab is live on @Backpack web

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Modern Finance. 🎒

x.com/i/article/2068…

Backpack에서 스페이스X의 성공에 이어 이번에는 마이크론을 상장한다네요 이번에도 securities 통해 실제 마이크론 주식과 1대1 교환이 가능하다 하는데 이렇게 하나 둘씩 리스팅되면 딱히 증권사 주식을 사야되나 싶기도 하고...

Backpack 🎒 @Backpack

3 weeks ago

Issued by Backpack Securities, $MU is now live on @solana with @sunrise. Micron reports earnings on Wednesday after the closing bell. The results will be a major test of the AI memory boom, with $MU tradable 24/7 on Solana as markets react. $MU is redeemable 1:1 for real

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Sorry @akshaybd but I don't think internet capital markets is the right name. @solana is The Internet Capital Market

Issued by Backpack Securities, $MU is now live on @Solana with @sunrise. Micron reports earnings on Wednesday after the closing bell. The results will be a major test of the AI memory boom, with $MU tradable 24/7 on Solana as markets react. $MU is redeemable 1:1 for real shares and transferable to traditional brokerages.

最近在玩二级交易的时候 发现 $BP 也是暴涨了2倍，于是我就去研究了下 Backpack 代币为啥突然暴涨？最近人们为啥都在关注Backpack？ 原来它这波确实闷声干了件大事，根本不是什么纯 Meme 炒作，而是正儿八经把 RWA（真实世界资产）这套东西给跑通了： ⚡️ 美股和代币一键打通：新上线的 Backpack Securities 玩法太绝了。你直接在同一个 App 里就能买到真正的 SpaceX 股票，还能一键把它转成链上的代币 $SPCX。不用再等美股开盘，7×24 小时随时能冲，资产自己拿着，还能拿去玩 DeFi，丝滑得不行 🔗 能把股票提回传统券商：他们找了 Sunrise 合作，发行的代币是 1:1 锚定真实股份的。最硬核的是，它支持 ACATS/DTCC 这种传统券商的转仓系统，意思是你在链上买的份额，真的能转到你现实里的传统券商账户。这才是真正的连接传统金融，不是以前那种只对赌价格的“空气镜像” 🎒 用着最爽的超级入口：它把钱包和交易所给合体了，界面干净，新手一看就会，老玩家想玩高级 DeFi 也完全带得动。在 Solana 生态里，现在谁也绕不开这个超级入口 聊聊我的看法：这次 $BP 借着 $SPCX 的热度直接起飞，顺带着把整个 RWA 板块都带火了，现在 Solana 上代币化股票的总 TVL 已经冲破了 30 亿美元。 这波操作直接给市场打了个样：别整那些虚的，“合规资质 + 链上流动性”才是正解。 让普通人也能 7×24 小时买到顶级 IPO 资产，还能随时换回真实股票。这次，Solana 和 Backpack 确实是在掀传统美股的桌子了。 #Backpack #Solana #SPCX #RWA #TokenizedStocks #SpaceX