It's Sunday.
The one and only place--in the world--where you can buy $SPCX stock, stock that can actually make its way to your brokerage account on Monday, is on @solana.
Internet capital markets are here.
Tokenization of $SPCX through @Backpack is doing its jobs when the market is closed. Last price at $160.95 with the onchain price being around $165.34, all while being backed by the full underlying.
Trading will be all on @solana
The reason why liquidity is concentrating around the @Backpack variant is because it's the only tokenized stock in the world that allows you to cycle the asset between Solana and Nasdaq, the only one that allows you to on and off ramp from your brokerage account, and the only one that gives you a redeemable right for the underlying security entitlement.
📊Report: Tokenized SpaceX stock $SPCX from @Backpack Securities launched on @solana the same day SpaceX went live in TradFi markets, reaching $37M in volume in its first 7 hours of trading.
$SPCX goes live on @Solana via @SunriseDeFi following SpaceX’s Nasdaq debut.
Issued by Backpack Securities. On/off-ramp SpaceX shares between traditional brokers and Solana.
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