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
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.
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.
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.
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.
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.
Issued by Backpack Securities, $TSLA is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Tesla shares
▸ Transferable to traditional brokerages
Tesla designs and manufactures electric vehicles and energy storage systems, and develops AI technologies for autonomous driving and robotics.
Issued by Backpack Securities, $ABNB is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Airbnb shares
▸ Transferable to traditional brokerages
Airbnb operates a global marketplace where guests can book stays, experiences and services from hosts and other providers.
Issued by Backpack Securities, $CHWY is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Chewy shares
▸ Transferable to traditional brokerages
Chewy is an online pet retailer offering food, supplies, medications and veterinary care services.