Backpack CEO Armani Ferrante said in a post on X that the company is not aiming to list just 10 or 100 stocks on Solana. Instead, he said the plan is to bring the entire stock market onto the network. Ferrante described a setup in which a single API would allow real stocks, under any definition, to move seamlessly between a user’s brokerage account and DeFi. He added that expanding from support for 200 tradable instruments to 10,000 would mark the next leap. The remarks outline a broader vision for connecting traditional equity exposure with onchain financial infrastructure on Solana, based on Ferrante’s own description.
Backpack CEO Armani Ferrante said in a post on X that the goal is not to bring 10 or 100 stocks to Solana, but to bring the entire stock market onto the network.
He described a vision built around an API that would let real stocks, under any definition, move seamlessly between a user’s brokerage account and DeFi.
Ferrante also said the next leap would be expanding from support for 200 tradable instruments to 10,000.
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