Your neobrokerage. Your exchange. Your money. @BackpackOnchain ο½ @MadLads ο½ $BP
Based in Japan
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Backpack π retweeted
Next: bringing the entire stock market to Solana.
One API connecting brokerage and DeFi. 1:1 in-kind redeemable.
Armani Ferrante, CEO of Backpack, on what comes next for tokenized stocks.
"Not 10 stocks, not 100 stocks. We want to bring the entire stock market to Solana. One API where a real share, by any definition of the term, moves back and forth between your brokerage account and DeFi. Going from 200 symbols to 10,000 is the next leap."
@armaniferrante @Backpack
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Cash dividends for stocks and ETFs are now live on Backpack.
Eligible dividends are credited directly to your account π
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Backpack π retweeted
Backpack, the Engine for Internet Capital Markets and Tokenization.
frictionless.capital/articleβ¦
A thesis piece on how the United States is in the process of exporting its capital markets in the same way the dollar was tokenized with stablecoins and distributed over the Internet.
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Do more with your stock portfolio on Backpack.
βΈ Borrow USD against your holdings
βΈ Trade perpetuals and spot on margin using stocks as collateral
βΈ Hedge positions without selling your shares
17 stocks and ETFs supported as collateral today. More coming.
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Trade crypto & all perps. Pick your stock π
Earn up to $1,000 in Meta $META or Alphabet $GOOGL shares.
Live now: backpack.exchange/quests?id=β¦
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