TechFlow reported on June 13, citing an official Backpack post, that Backpack Securities announced on June 11 the launch of the $SPCX token on Solana through SunriseDeFi after SpaceX’s Nasdaq listing. The update presents $SPCX as a bridge between access to SpaceX stock exposure and on-chain DeFi activity within the Solana ecosystem.
$SPCX Links Brokerage Access and On-Chain Wallets
According to the announcement, users can trade stocks on the Backpack platform and use deposit and withdrawal functions to move assets between a traditional brokerage environment and a Solana-based DeFi wallet. In this setup, Backpack Securities provides the stock trading side, while SunriseDeFi is the route through which $SPCX becomes available on Solana.
The report identifies two main dates: Backpack Securities made the announcement on June 11, and TechFlow covered the update on June 13 based on Backpack’s official post. The article did not disclose further details on trading rules, eligible regions, fees, or settlement arrangements. It only states that $SPCX has gone live through SunriseDeFi on Solana and that users can transfer assets between the brokerage side and a Solana DeFi wallet by using deposit and withdrawal operations.