Backpack

Backpack

2026-07-23 23:40:16

Backpack Launches On-Chain IPO Service on Solana

Backpack partners with Superstate to offer pre-listing IPO access on Solana, with allocations recorded on-chain and priority based on community activity.

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Backpack

2026-07-23 23:35:15

Backpack Maps Out 1 Billion Token Launch With Unlocks Tied to a Possible IPO

Backpack said its 1 billion-token plan will start with a 25% release, while 37.5% unlocks before any IPO based on milestones and the rest stays locked until at least one year after a listing. The firm says insiders received no direct token allocations.

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Backpack

2026-07-23 20:55:15

Backpack Opens 24/7 Trading for Tokenized U.S. Stocks in More Than 150 Markets

Backpack has rolled out round-the-clock trading for tokenized U.S. equities outside the United States, offering direct ownership of underlying securities with instant settlement in fiat or stablecoins.

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Backpack

2026-07-23 18:20:15

Backpack Founder Rejects OTC Cash-Out Claims, Admits Anti-Sybil Process Was Too Simplistic

Backpack founder Armani Ferrante responded to four major controversies around BP, rejecting OTC cash-out allegations and admitting the team mishandled anti-sybil enforcement with an overly simplistic approach.

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Bitcoin

2026-07-23 16:05:16

Bitcoin Drops Below $67K, Altcoins Surge 87% as Market Diverges

The crypto market extended its decline Wednesday, with BTC falling 4.1% to $67,176, ETH down 5.3%, and BNB/SOL losing over 5%. XRP outperformed with a 2.1% drop, while small-cap Backpack surged 87% leading gainers.

590

Backpack

2026-07-23 15:15:15

Backpack CEO Warns Delaying TGE Means Exiting, Not Building — $BP Token Skips VC Allocations

Backpack CEO Armani Ferrante says delaying a TGE signals an exit plan, not long-term building. $BP trades at $0.5908, down 11.72% in 24h, with a 60%+ staking rate. Its tokenomics model allocates zero tokens to investors or insiders, with all unlocks tied to user milestones.

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Backpack

2026-07-23 11:25:15

Backpack Unveils Tokenomics: Zero Allocation to Team, IPO Ambitions Clear

Backpack released its tokenomics with 1 billion tokens: 25% unlocked at TGE for users, 37.5% growth-triggered vesting, and 37.5% locked until at least 1 year post-IPO. No team or VC tokens at launch. IPO is the escape velocity.

1800

Solana

2026-07-23 11:10:15

Backpack CEO: Solana Enters Financial Infrastructure Phase as NFT, Meme Hype Fades

Armani Ferrante, CEO of Backpack, says Solana is moving from speculative NFT and gaming hype to serious financial infrastructure, with tokenized assets accelerating onchain and strong institutional interest.

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