Public Beta is live.
Trade real US stocks and ETFs alongside crypto, perps, and yield, all within one account.
Real ownership under New York law. Cash dividends, brokerage transfers, and corporate actions rolling out during Public Beta.
24/5. Instant execution. Traditional market liquidity.
No fees in June: https://t.co/iDxg2wGAwr
It's been almost 3 months since the BP TGE, and it feels like a lifetime.
It's been over 3 years since we started the exchange, and it feels like a lifetime.
From the beginning, we've taken a different path from just about every new entrant this cycle. It's been a long path. It's been a hard path. But it's the path we needed to take to build a modern financial institution for the future of money.
With every day that passes, we inch a little bit closer.
It's not just about crypto. It's not just about stocks. It's not just about trading. It's not just about perps. It's about doing the hard things in the real world that few are willing to do to, and for which there is no short cut.
It's only when you do those things can you genuinely merge the crypto economy with the traditional economy--not just in one country, but for the entire world. It's easy to say. It's hard to do.
It takes years, decades, to make any progress. Heck, we moved to Japan over three years ago so that we could get a bank account and legally serve the market. But we are happy to build this business not in one cycle, because we will build it over a lifetime.
As we rollout Backpack Securities, we begin a multi-month release cycle of hitting milestones that have been years in the making, and we couldn't be more excited to share them with the world.
Today, Backpack is your brokerage, your exchange, and your wallet. It's the result of a global team pouring their hearts into the product, through the good, through the bad, and never yielding.
Every day, we push forward. Brick by brick, and I hope you love this brick as much as I do.
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We're excited to welcome Dr. Michael S. Piwowar to Backpack US’s Board of Directors.
Dr. Piwowar served as SEC Commissioner from 2013 to 2018 and was later designated Acting Chairman of the SEC by President Trump. He was among the first senior U.S. regulators to publicly engage with the regulatory questions posed by digital assets and initial coin offerings.
He currently serves as Executive Director of Georgetown University’s Psaros Center for Financial Markets and Policy, and previously served as Chief Economist for the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
He brings deep expertise across securities regulation, capital markets policy, market structure, and investor protection as Backpack US accelerates its U.S. expansion.
With Mark Wetjen, former CFTC Commissioner & Acting Chairman, leading Backpack US as President, and Dr. Piwowar joining the board, Backpack US is building with experienced leadership across the SEC, CFTC, DTCC, and U.S. capital markets.