Backpack, a global financial platform bridging cryptocurrency and traditional capital markets, announced on July 10, 2026 the launch of 24/7 trading for select US equities targeting international investors. The platform allows users worldwide to buy, hold, and sell real US stocks at any hour of the day, any day of the week, departing from the session-bound model that has long defined equity markets. The announcement follows Backpack's launch of the first real tokenized equities in early June 2025, positioning the platform as a unified gateway connecting on-chain and off-chain liquidity.
Investors on Backpack hold full legal ownership of the underlying US equities, not synthetic proxies or derivative exposure. The platform provides instant settlement, continuous price discovery, and funding flexibility via fiat currency or stablecoins, combining modern market infrastructure with the protections of genuine asset ownership.
Beyond direct equity access, Backpack supports tokenized versions of these assets on the Solana blockchain, enabling 24/7 on-chain trading, wallet-to-wallet transfers, and compatibility with decentralized finance protocols. Users can move between traditional securities and their tokenized equivalents on a 1:1 basis through the platform.
Last month, Backpack's tokenized SpaceX equity ($SPCX ) became the most liquid and highest-volume tokenized SpaceX product traded on-chain, surpassing competing offerings. The result reflects sustained investor appetite for direct, redeemable exposure to one of the most closely watched pre-IPO companies in recent memory.
What did Backpack announce on July 10, 2026?
Backpack announced the launch of 24/7 trading for select US equities targeting international investors, allowing users to buy, hold, and sell real US securities at any hour of the day, any day of the week.
How does Backpack's tokenized equity system work?
Backpack supports tokenized versions of US equities on the Solana blockchain, enabling 24/7 on-chain trading, wallet-to-wallet transfers, and compatibility with decentralized finance protocols. Users can move between traditional securities and their tokenized equivalents on a 1:1 basis through the platform.
What milestone did Backpack's tokenized SpaceX equity achieve?
Last month, Backpack's tokenized SpaceX equity ($SPCX) became the most liquid and highest-volume tokenized SpaceX product traded on-chain, surpassing competing offerings.
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