GiovyTodo

[Solana @solana]

Markets used to sleep. On Solana they don't.

@ArmaniFerrante on markets that never close on @Backpack:

[GiovyTodo @GiovyTodo]

@wildlybullish @iandebode L

[GiovyTodo @GiovyTodo]

@aka_gaurang @Backpack wins all dayy

[GiovyTodo @GiovyTodo]

@Banks 👑

[Armani Ferrante @armaniferrante]

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.

[GiovyTodo @GiovyTodo]

@blknoiz06 🐂🎒🧱

[GiovyTodo @GiovyTodo]

@Raydium 🎒

[GiovyTodo @GiovyTodo]

@MoneyPrinter0x 🎒

[GiovyTodo @GiovyTodo]

@vibhu @toly @sunrise @backpack

[mert @mert]

@Backpack nice work gents

[GiovyTodo @GiovyTodo]

@solana Backpack already exist

[GiovyTodo @GiovyTodo]

@sunrise @solana Get your backpack 🎒

[GiovyTodo @GiovyTodo]

@tokens @Backpack @xStocksFi @OndoFinance 🎒

[Backpack en Español @Backpack_ES]

SK Hynix ya está disponible para tradear en Backpack.

Acciones estadounidenses reales. Cero comisiones en julio.

[GiovyTodo @GiovyTodo]

@sunrise 🎒

[toly 🇺🇸 @toly]

Holy smokes

[Backpack 🎒 @Backpack]

SK Hynix is now available to trade on Backpack.

Real US equities. Zero fees in July.

[Backpack 🎒 @Backpack]

SK Hynix marks the second-largest IPO in US history and the largest ever by an international issuer.

Issued by Backpack Securities, $SKHY is now live on @Solana with @Sunrise.

▸ Redeemable 1:1 for real shares
▸ Transferable to TradFi brokerages
▸ Trade between Nasdaq and Solana

Official token address: SKHYhSjuRWHgikq8eRKbtBbpABgJSkd7ytQV14i9EQ3

[Sunrise @sunrise]

Sunrise has listed $SKHY on @Solana.

SK Hynix is the leading supplier of the HBM behind AI compute. Today is its first US listing.

Issued by @Backpack Securities, $SKHY brings a tokenized SK Hynix share onchain.

Sunrise makes it tradable across Solana wallets and app, 24/7.

[GiovyTodo @GiovyTodo]

@shadddowfax @sunrise ➡️🎒