Crypto exchange Backpack has officially announced the launch of Backpack Securities, a platform that bridges compliant US stock trading with blockchain-based tokenized securities. Through the platform, investors can purchase real stocks supported by regulated US securities infrastructure, enjoy dividends and corporate actions, and benefit from industry-standard clearing and settlement systems such as ACATS (Automated Customer Account Transfer Service) and DTCC (Depository Trust & Clearing Corporation) for secure and efficient asset transfers. This framework offers a regulated pathway for investors to participate in the convergence of traditional and crypto assets.
Dual Architecture: Regulated Brokerage and Solana Tokenization
Backpack Securities comprises two core components. The first is a US-regulated brokerage and custody service, allowing investors to truly own US stocks and receive cash dividends, corporate actions, and other traditional brokerage rights, with accounts covered under US securities investor protection systems. The second is a partnership with Sunrise, a Solana-based tokenization protocol, enabling users to convert their stock holdings into tokenized securities that can be freely transferred on public blockchains. This mechanism ensures that the underlying stocks retain their equity attributes while being transformed into programmable, transferable on-chain assets, with Sunrise guaranteeing the security and decentralization of the tokenization process, granting investors both regulatory protection and blockchain flexibility.
Direct Access to US Stock Liquidity and 24/7 Trading
Stock orders placed through Backpack Securities are routed directly into US equity market liquidity pools, with execution prices reflecting real-time market quotes to avoid cross-platform slippage. Once tokenized, the securities operate on high-performance blockchains like Solana, supporting wallet custody, integration with DeFi protocols, and round-the-clock 7×24 trading. This non-stop trading model allows tokenized securities to serve market participants across different time zones, greatly enhancing liquidity and usability, and enabling investors to transfer assets or engage in decentralized finance applications at any time.
According to Backpack's roadmap, these services will begin rolling out from June 2026. Initially, tokenized stocks will be available on the Solana network with wallet and DeFi protocol support; during this phase, holders will be able to freely move assets within the Solana ecosystem and use them for lending, trading, and other DeFi activities. The team plans to expand to more blockchains in the future, further broadening the trading ecosystem for tokenized securities and serving an even wider user base.