Securities, Markets, and DeFi. From wallet to rails. Powered by @Backpack
Joined November 2024
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Next: bringing the entire stock market to Solana.
One API connecting brokerage and DeFi. 1:1 in-kind redeemable.
Armani Ferrante, CEO of Backpack, on what comes next for tokenized stocks.
"Not 10 stocks, not 100 stocks. We want to bring the entire stock market to Solana. One API where a real share, by any definition of the term, moves back and forth between your brokerage account and DeFi. Going from 200 symbols to 10,000 is the next leap."
@armaniferrante @Backpack
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.
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
Issued by Backpack Securities, $MSFT is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Microsoft shares
▸ Transferable to traditional brokerages
Microsoft is a technology company developing software, cloud computing and AI solutions, alongside devices and services for individuals and businesses.
Official $MSFT token address: MSFThX899B1DddH5jkyMpdArWXzP85VXLYDrbGGcRJM
Verify before you trade.
Issued by Backpack Securities, $GOOGL is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Alphabet Class A shares
▸ Transferable to traditional brokerages
Alphabet is Google's parent company, operating Search, YouTube and Google Cloud, with businesses spanning digital advertising, AI and autonomous driving.
Official $GOOGL token address: GooGLMvZtJZXHdNZy95RUrAMCCKxV6ghK3qE5ddBgVm5
Verify before you trade.
Backpack Onchain retweeted
Sunday is just another market day on Solana
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
Backpack Onchain retweeted
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%.
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
Backpack Onchain retweeted
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 👇
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
Backpack Onchain retweeted
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."
Official $AAPL token address: AAPLEDt8RpzPgXyhvFzkMBofvFSQw9gpeMCoUdPdLnB8
Verify before you trade.
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.
Official $NVDA token address: NVDAVuiB7hwd3m5Wa1JuHNovPaPG6BH1QNztbKFxNjv
Verify before you trade.
Official $AMZN token address: AMZNw7cwU9L9c7ewZXxTws2PwQYxBGm2Rxg3FLDBJz9B
Verify before you trade.
$6B+ in cumulative trading volume in just over 4 months.
And we're just getting started 🎒
JUST IN: @Backpack Securities just crossed $6B in cumulative trading volume across its tokenized assets.
Leading the charge is $SPCX, with $2B+ in volume since launch and the first asset to surpass 110K unique holders.
A big milestone for tokenized assets on Solana. Shoutout to @sunrise and the broader ecosystem for helping drive this growth.
The tokenization wave keeps building.
Data powered by @birdeye_data.
Issued by Backpack Securities, $META is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Meta Platforms shares
▸ Transferable to traditional brokerages
Meta operates Facebook, Instagram and WhatsApp, primarily generating revenue from advertising while developing AI, smart glasses and virtual reality products.
Official $META token address: METAaH6MMZZgy2CTEJq3QdNi7AFVTV3NxHFBfFgLEDd
Verify before you trade.
