@backpack_daily
Account based inKorea
About this account
- Account based in
- Korea
- Connected via
- Korea Android App
Account-level information from X, not a live location or the device used for a specific post.
Independent data & research on the Backpack ecosystem. Daily: $BP staking · Backpack Securities onchain snapshots. Tracking the rise of Internet Capital Markets
Not affiliated with Backpack.
Joined May 2017
- Tweets3.2K
- Following406
- Followers1.7K
- Likes9.8K
Backpack Daily 🎒 retweeted
BACKPACK WORLD
How it feels to login and see @Backpack finally getting the recognition it deserves after bull posting it for 3 years. This is truly just the beginning my friends. The company is preparing things you can't even fathom to serve the largest markets in the world.
$BP just printed a new all-time high.
And Backpack is still only getting started.
Backpack Daily 🎒 retweeted
Issued by Backpack Securities, $CYPH is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Cypherpunk Technologies shares
▸ Transferable to traditional brokerages
Cypherpunk Technologies is a privacy technology company implementing a digital asset treasury strategy focused on Zcash $ZEC.
Backpack Daily 🎒 retweeted
Issued by Backpack Securities, $USO is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for United States Oil Fund, LP shares
▸ Transferable to traditional brokerages
The United States Oil Fund, LP is an exchange-traded security designed to track daily price movements of light, sweet crude oil.
Backpack Daily 🎒 retweeted
Backpack is a clear winner from the SEC exemption. Most competitors still need to build a brokerage bridge, tokenization stack, wallet and onchain liquidity. Backpack has all four.
This highway of equities issuance from TradFi to @solana is the most important trend in Finance today. Since Backpack Securities started tokenizing stocks, we have unlocked not just 24/7 trading of those names but more volume of the tokenized stocks on @solana than on @NYSE which is a leading indicator of where we are going.
Backpack Daily 🎒 retweeted
Everything @Backpack has done over the past three years has prepared them for this kind of decision.
And it’s just the beginning.
No coincidence, no luck.
Just hard work meeting preparation.
Backpack Daily 🎒 retweeted
SEC just opened onchain US stocks. Backpack already built the rails.
A 5-year Innovation Exemption lets permissioned AMMs trade real tokenized NMS stocks, same rights as the share, not synthetics and gives LPs dealer relief. That’s the exact stack Backpack has been shipping: 1:1 redeemable stocks onchain. Liquidity can now show up legally.
Build on Backpack.
Just use Backpack
Backpack just took Stock/ETFs to a whole new level
@Backpack has migrated to a fully fledged portfolio margining system; all its stock and ETF perpetual listings will automatically become eligible as collateral for spot assets.
Traders can leverage, short, or hedge their equity exposure in the same wallet, treating tokenized equities as core margin for on-chain derivative products.
A new era of broker-like services is here, giving traders the ability to hold long-term equity exposure while implementing advanced hedging strategies.
Backpack Daily 🎒 retweeted
Issued by Backpack Securities, $WULF is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for TeraWulf shares
▸ Transferable to traditional brokerages
TeraWulf is a digital infrastructure company developing and operating data centers for AI and high-performance computing.
Backpack Daily 🎒 retweeted
The SEC has issued a five-year “Innovation Exemption” allowing tokenized US stocks to trade onchain through permissioned AMMs and liquidity pools.
Build on Backpack.
Backpack Daily 🎒 retweeted
.@Backpack Securities are about to go vertical
And Backpack is about to release what I think is the most important product launch of the year in crypto
Higher
Backpack Daily 🎒 retweeted
All stocks & ETFs with corresponding perp markets can now be used as collateral 🎒
▸ Use real shares as collateral across Backpack’s unified, cross-asset portfolio
▸ Borrow USD, trade futures, and trade spot on margin
My submission for @tristan's contest.
