Ngoc 🎒

Welcome back to Backpack 🎒 New look. One extra Mystery Box for eligible returning traders. Trade $10K. Unlock 2 boxes. Stock rewards up to $1,000 per box. Unpack Real Stocks → backpack.exchange/quests?id=…

Unpack Real Stocks 🎒 Trade on Backpack to earn Mystery Boxes. Every box holds a real US stock reward worth up to $1,000. Earn your first box at $50K volume.

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…

We’re excited to welcome Kyle Samani, co-founder of Multicoin Capital and an early investor in Solana, to Backpack US’s Board of Directors. Kyle has been one of the most influential voices in crypto, with a longstanding focus on decentralized finance, blockchain infrastructure, and the evolution of global capital markets. His appointment reflects a shared conviction: the future of global finance will bring institutional risk controls together with the efficiency and transparency of onchain markets. Welcome, @KyleSamani.

Full story with @ArmaniFerrante on 24/7 US equities for international investors. What is Backpack? Bona fide security entitlements. Stablecoins. US capital markets. 00:34 What is Backpack? Your neobrokerage. Your money. Your exchange. “Backpack is a globally regulated financial institution for the future of money. And right now, we are in the early innings of this incredible transformation of global finance all around the world.” 01:47 24/7 trading with a bona fide security entitlement 24/7 trading began in crypto. But not all tokenized stocks represent the same asset or come with the same legal rights. “If you take a look at what the tokenized stock issuers are doing today... these properties might be different legal rights. They might be cash settled. And so they might be more akin to something like a CFD rather than an actual security entitlement.” “What we're doing is really for the first time opening up 24/7 trading for a genuine bona fide security entitlement.” “Markets will close on Friday in the US. And over the weekend, Saturday and Sunday, people through the Backpack brokerage will continue to trade and they'll get the exact same asset that you would expect from your neighborhood brokerage account.” 03:47 The world building on US capital markets “Jensen Huang from NVIDIA, he loves to say that the world needs to build on the American tech stack. But we don't talk enough about the world building on the US capital market. And that's really the thing that's happening with crypto right now.” 04:07 Stablecoins first. Tokenized equities next. “Maybe from a domestic point of view, a stablecoin is a story about efficiency, a story about upgrading the existing financial system. But when you look internationally, it's a very different story. It's a story about access. It's a story about the entire world wanting access to US dollars, even if they don't have access to local USD banking rails.” Circle and Tether have grown into major holders of US Treasuries. Backpack is bringing that same global access to tokenized US equities on @Solana. “In the exact same way that US dollars have really been exported to the entire world and proliferated through the form factor of a stablecoin, we fully expect tokenization of US equities to have the exact same effect, but for publicly traded companies in the US all around the world.”