Backpack Italia🎒 retweeted
17,000 new tokenized stock holders in a single day.
@Backpack and @xStocksFi are neck and neck at the top.
🎒 @Backpack +6.9K
✖️ @xStocksFi +6.0K
Together that's 76% of the growth, more than 2x Binance bStocks in third (+3.0K).
Onchain stocks keep pulling in new wallets every day.
Data: @tokenterminal
Backpack Italia🎒 retweeted
Checkout our new Rates page to explore Treasury bond ETFs.
Should be interesting for anyone looking for alternative yield products.
🧱🧱🧱
backpack.exchange/stocks/rat…
Rates are making headlines. Now they're easier to follow & trade.
Introducing the Rates dashboard on Backpack.
Monitor live yields, inflation, the debasement trade, and the events moving markets.
Explore Rates. Trade US Treasury ETFs → backpack.exchange/stocks/rat…
Backpack Italia🎒 retweeted
To all developers building stocks on @solana, the @Backpack Securities mint + redeem is open access.
Transform a bona fide security entitlement to and from a token with a single API call.
Docs here docs.backpack.exchange/
STOCKLANA
The stock market is open for building.
One week to build something innovative with stocks on Solana. $100K in prizes.
Sept 11 - 18, opening bell to closing bell:
hackathons.solana.com/hackat…
Backpack Italia🎒 retweeted
Is this the first time tokenized stock volume has flipped the TradFi stock market?
This has to be the craziest thing happening in finance right now.
Only possible on @Solana - OPOS.
Built on @Backpack - BoB.
🎒
Backpack Italia🎒 retweeted
How did i miss this!?
Stocks as collateral and borrowing against them is ACTUALLY extremely useful.
Damn, i cannot believe i been sleeping on backpack so long lol, just posted the chart too after someone in chat shared it and asked my thoughts.
I am a believer.
Backpack is gonna CRUSH it with on-chain equities, and as an issuer of said on-chain assets.
Stocks as collateral.
Stocks as perpetual futures.
Stocks as, well, stocks.
You can now:
▸ Use real equities as collateral across Backpack's unified, cross-asset portfolio margin for stocks, crypto, and other instruments in a single account.
▸ Trade 24/7 perpetual futures on stocks and ETFs.
▸ Borrow USD, trade futures, or use spot on margin against your stock holdings.
Today, we're starting with $MU, $SNDK, $SPY & $QQQ perps and Micron and SanDisk shares as collateral, with more coming soon.
Backpack Italia🎒 retweeted
Backpack strengthened its lead in @solana tokenized equities during July.
@Backpack issued equities generated $1.06B of DEX volume, capturing 73% of the issuer market.
Even more interesting, Backpack volume was nearly unchanged from June while total issuer volume fell 58%.
Fungibility and a credible redemption path are becoming real market-structure advantages.
Backpack Italia🎒 retweeted
Spent the past week meeting with folks across DC to share @Backpack’s story as we make our way home into the USA.
With the Clarity act on everyone’s mind, it’s hard to appreciate not only how much folks in this town care about ensuring American capital markets lead the world, but also just how knowledgeable they are on crypto. There’s no better example than Senator @JohnBoozman, who was gracious enough to meet with us.
Although it may feel like we’re in the depths of a bear, there is so many reasons to be inspired about the future. I’ve never been so optimistic on this industry as I am now.
Backpack Italia🎒 retweeted
L'earnings season inizia questa settimana 📈
Con Backpack Calendar puoi tenere d'occhio gli earnings delle più grandi aziende al mondo e i principali eventi macroeconomici, così da pianificare la tua operatività in anticipo.
🎒 Iscriviti da qui👇
backpack.exchange/join/hrf
Backpack Italia🎒 retweeted
BREAKING: Nasdaq-listed robotics fund $BOT from @RoboStrategy is live onchain now
trading 24/7 across @solana via @sunrise
issued by @Backpack Securities
