Samwise85 |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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RT @RaoulGMI: The world doesn't have equal access to financial markets. Crypto fixes that.
I sat down with @armaniferrante, founder of Bβ¦
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Samwise85 |π retweeted
Last week a Backpack tokenized stock out-traded its own NYSE listing β and almost nobody understands what actually happened.
Real stocks. Onchain. Redeemable. The full story π
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Thank you @SolanaCoach & @SteliosSte81!
Itβs my sonβs 4th birthday today and these two legends gifted him some amazing PokΓ©mon cards. Absolute mad lads! β€οΈ. @MadLads
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Samwise85 |π retweeted
Another one i REALLY like here.
Backpack is very quietly becoming a leader in the tokenized equity world on Solana.
Their token also has a nice breakout after their consolidation from early summer highs.
This is one of the best charts in crypto
&& no one is talking about it.
Breaking out from the retrace, post June highs.
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Samwise85 |π retweeted
β©οΈ we proudly present our 4 GAMES...time to PLAY β©οΈ
π degendojo.xyz/play π
π€ time to PLAY...use the (i) left of each description to read the game rules...let us know what you think π€
π€ next phase -> a way to enter a "COIN" -> WiN π€
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Samwise85 |π retweeted
πΉ watch one of most respected founders on solana have to say about armani and @backpack;
"he's playing a very long game that most people are not willing to play, he's definitely sacrificed some short term gains to get there but I think the prize for him is gonna be massive."
Very impressed by Armani's trajectory
Started Anchor which became the standard way to build Solana programs. Then launched Backpack directly into the FTX collapse, and then spent three years chewing glass with little to no narrative behind him
In hindsight the obvious bet was always Armani. Very few founders can go through what he and Backpack went through and still maintain the psychological endurance to keep building
Iβm not an investor but the ability to absorb that many setbacks and stay motivated is one of the cleanest signals of a great founder
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Samwise85 |π retweeted
There are three main licenses in Europe covering different regulated activities:
- MiCA (crypto-asset services)
- MiFID II (investment services)
- PSD2 (payments)
Today, only a select few companies in the digital asset industry have attained any of these. Even fewer have all three.
It's been a long grind, but Iβm proud to say Backpack is one of them.
Doing this in one country is really hard. It takes a whole team, years of work, and an enormous amount of patience to get it done. Doing it in every country around the world is another thing altogether.
There's no short cut. Just years and years of relentless execution. Things that are invisible in the short term, but for which in the long term they add up.
Every day we get a little bit closer to building a truly global, crypto-native financial institution for the future of money.
Today, we're a little bit closer.
π§±π§±π§±
Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia.
Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments.
This milestone strengthens our ability to serve users across all 27 EU member states while upholding the trust, transparency, and regulatory standards required to connect onchain and traditional financial markets.
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Samwise85 |π retweeted
Time to go.
The one and only $MU not just on @solana--but on any blockchain--that freely flows between DeFi and TradFi.
(Sorry @coinbase though you guys are goated.)
Stocks on Solana.
Issued by Backpack Securities, $MU is now live on @Solana with @sunrise.
Micron reports earnings on Wednesday after the closing bell. The results will be a major test of the AI memory boom, with $MU tradable 24/7 on Solana as markets react.
$MU is redeemable 1:1 for real shares and transferable to traditional brokerages.
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