Backpack CEO Armani Ferrante said the company’s next goal is to expand its tokenized stock offering from roughly 200 names to 10,000, with the aim of covering the entire equities market. He said the plan centers on a unified application programming interface that would allow real shares to move in both directions between traditional brokerage accounts and decentralized finance protocols. The statement outlines Backpack’s next-stage target and the mechanism it intends to use, without disclosing a timeline or additional rollout details in the source text. The remarks point to a model in which tokenized equities are designed to connect conventional securities infrastructure with on-chain financial systems through a single interface.
Backpack CEO Armani Ferrante said the next-stage goal is to expand the platform’s tokenized stock lineup from about 200 names to 10,000, covering the broader equities market.
Under his plan, a unified application programming interface would let real shares move both ways between traditional securities accounts and decentralized finance protocols.
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