Register for a Backpack account if you haven’t! Opinions are my own. 💖

RT @RaoulGMI: The world doesn't have equal access to financial markets. Crypto fixes that. I sat down with @armaniferrante, founder of B…
69
5
Đã về bờ 💖💖🎒kinda rich again
20
2
79
8,080
Backpack is the Tether of stocks. 4% of the float, 64% of the volume. solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
Backpack, the Engine for Internet Capital Markets and Tokenization. frictionless.capital/article… 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.
2
26
1,024
Ngoc 🎒 retweeted
The ticker is solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
wow didn't know backpack had a token already
49
40
395
30,956
Ngoc 🎒 retweeted
Launch tokens paired with tokenized stocks from @BackpackOnchain. 🎒 Pick any asset. Pair it. Launch it. Now anyone can build new markets around Backpack-issued stocks on @solana, directly on Meteora.
44
31
237
31,684
Ngoc 🎒 retweeted
To all developers building stocks on @solana, the @Backpack Securities mint + redeem is open access. Transform a bona fide security entitlement to and from a token with a single API call. Docs here docs.backpack.exchange/
STOCKLANA The stock market is open for building. One week to build something innovative with stocks on Solana. $100K in prizes. Sept 11 - 18, opening bell to closing bell: hackathons.solana.com/hackat…
72
80
517
90,644
Ngoc 🎒 retweeted
Backpack is @solana's brokerage.
3 months after launching its first tokenized stock, Backpack Securities is now one of the top RWA issuers on @solana by trading volume. From $SPCX to 41 tokenized assets and $7.8B in cumulative volume. The inflection point: July 10, when @Backpack launched the first 24/7 brokerage for real US equities - direct TradFi brokerage access connected with 1:1 redeemable onchain liquidity - volume jumped by $4.7B. The future of tokenized assets on Solana is bright.
22
39
257
19,950
Ngoc 🎒 retweeted
We’re excited to welcome Kyle Samani, co-founder of Multicoin Capital and an early investor in Solana, to Backpack US’s Board of Directors. Kyle has been one of the most influential voices in crypto, with a longstanding focus on decentralized finance, blockchain infrastructure, and the evolution of global capital markets. His appointment reflects a shared conviction: the future of global finance will bring institutional risk controls together with the efficiency and transparency of onchain markets. Welcome, @KyleSamani.
251
91
892
275,410
What a good day 😆
2
8
223
Ngoc 🎒 retweeted
Three little bricks added to the stock symbol page today - Stock PnL on charts - Symbol specific leverage & inverse ETFs in sidebar - Earnings summary in side bar Let's build the best brokerage in the world. 🧱🧱🧱
38
29
179
18,068
Ngoc 🎒 retweeted
Even if you’re a crypto degen, don’t forget to embrace your inner Ben Graham every now and then by reviewing corporate financials on @Backpack
The full EDGAR filing repository is now live for every stock on @Backpack 🧱🧱🧱
23
19
166
11,909
Diversification is prudent risk management. Everyone talks about rotating from BTC into alts. That's diversification within crypto. Real diversification is spreading risk across asset classes: stocks, bonds, precious metals, commodities, real estate, infrastructure, and yes, crypto too.
4
3
462
Ngoc 🎒 retweeted
Full story with @ArmaniFerrante on 24/7 US equities for international investors. What is Backpack? Bona fide security entitlements. Stablecoins. US capital markets. 00:34 What is Backpack? Your neobrokerage. Your money. Your exchange. “Backpack is a globally regulated financial institution for the future of money. And right now, we are in the early innings of this incredible transformation of global finance all around the world.” 01:47 24/7 trading with a bona fide security entitlement 24/7 trading began in crypto. But not all tokenized stocks represent the same asset or come with the same legal rights. “If you take a look at what the tokenized stock issuers are doing today... these properties might be different legal rights. They might be cash settled. And so they might be more akin to something like a CFD rather than an actual security entitlement.” “What we're doing is really for the first time opening up 24/7 trading for a genuine bona fide security entitlement.” “Markets will close on Friday in the US. And over the weekend, Saturday and Sunday, people through the Backpack brokerage will continue to trade and they'll get the exact same asset that you would expect from your neighborhood brokerage account.” 03:47 The world building on US capital markets “Jensen Huang from NVIDIA, he loves to say that the world needs to build on the American tech stack. But we don't talk enough about the world building on the US capital market. And that's really the thing that's happening with crypto right now.” 04:07 Stablecoins first. Tokenized equities next. “Maybe from a domestic point of view, a stablecoin is a story about efficiency, a story about upgrading the existing financial system. But when you look internationally, it's a very different story. It's a story about access. It's a story about the entire world wanting access to US dollars, even if they don't have access to local USD banking rails.” Circle and Tether have grown into major holders of US Treasuries. Backpack is bringing that same global access to tokenized US equities on @Solana. “In the exact same way that US dollars have really been exported to the entire world and proliferated through the form factor of a stablecoin, we fully expect tokenization of US equities to have the exact same effect, but for publicly traded companies in the US all around the world.”
66
104
388
52,361
Ngoc 🎒 retweeted
New and improved account statements now live on @Backpack web, giving you a complete exportable, historical view over your account and subaccounts for your personal accounting and tax platforms. Still more work to do here but little brick is still a brick. 🧱🧱🧱
36
32
219
16,445
Ngoc 🎒 retweeted
Market consensus doesn’t stop over the weekend. Neither should your brokerage. The neobrokerage 🎒
16
32
200
19,164
Just realized I made it past 10,000 days on Earth 🌍
15
40
2,175
Ngoc 🎒 retweeted
The Weekend Market Session is here on @Backpack. Until now, US equities were built around a fixed schedule. - 9:30am ET open. - 4:00pm ET close. - Weekends off. Crypto changes that. @solana changes that. With the launch of $SPCX, the market opened on a Friday and kept trading well into the weekend. The launch of @Backpack Securities was more successful than we could have possibly imagined. But the job's not done. As crypto rails continue to mature, there's still one missing piece. Still, no traditional brokerages allow you to trade 24/7 over the weekend. If you're not in crypto already, this might seem impossible. But it's not. Today, we're bringing weekend trading to Backpack with a brokerage native order book. The key point is simple: Users on @Backpack trade the same real US securities over the weekend as they trade during the week. - This is not a separate system. - It's not a different product. - It's the same stock on the same app in the same brokerage. - Now, with an additional liquidity source for the weekend. Naturally, weekend liquidity will be different from regular-hours liquidity. Spreads may be wider. Depth may be thinner. Price discovery will evolve. - This was true when extended hours started. - This was true when overnight trading started. - It is true here too. But the direction is clear. For us, getting DeFi right is one part of the equation. Getting the brokerage right and bringing the power of blockchains to traditional finance is the other part of the equation. Together, they must grow in tandem to be able to bring equity markets into their next phase. Backpack is doing to equities what Tether did to fiat: giving anyone with access to a wallet and an internet connection access to everything in a modern brokerage. The era of the neobrokerage is coming. Backpack is doing to weekends what Blue Ocean did for overnight trading: building a dedicated liquidity model for the time when traditional U.S. exchanges are closed. The era of 24/7 is coming. It's going to take a lot of time and energy to get this right. It won't happen overnight, but today, it begins. The future is already here. It's just not evenly distributed yet.
36
57
313
120,703
Cuộc đời từ khi chơi coin đến giờ chưa bao giờ x100 vì x5 là mình bán hết rồi 🫪 Trend chip này còn vào được hông vậyy
5
1,297
Ngoc 🎒 retweeted
Trading Trail: SK Hynix starts now 🎒 Trade crypto & perps. Earn up to $960 in SK Hynix $SKHY shares with the Stock Holder Bonus. Live now: backpack.exchange/quests?id=…
19
33
162
18,667