chriss.nad

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chriss.nad

chriss.nad

@BacsiK399

Katılım Kasım 2023
1.5K Takip Edilen620 Takipçiler
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Backpack 🎒
Backpack 🎒@Backpack·
Tokenized equities are trading 24/7 on @Solana, across weekends and holidays. One week after SpaceX’s IPO: ▸ $SPCX generated $439M in trading volume, capturing 91.7% of tokenized SpaceX volume ▸ $SPCX reached $9.8M in liquidity, representing 87.5% of tokenized SpaceX liquidity ▸ Solana set a new 7-day ATH with $1.04B in tokenized equities volume, leading all networks with 70.6% of total trading volume Issued by Backpack Securities. On Solana via @SunriseDeFi.
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Mad Lads
Mad Lads@MadLads·
One winner. For the Lads by the Lads.
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Backpack 🎒
Backpack 🎒@Backpack·
Frontier Traders operate at the next frontier of market structure: onchain liquidity, traditional securities, and global capital rails. In collaboration with @SolanaFndn, Backpack Securities provides the tokenization infrastructure connecting these markets and bringing global traders onto Solana. Institutions and traders can redeem tokenized stocks 1:1 for the underlying real shares, move securities between Solana and traditional brokerages, and cycle assets across TradFi venues and Solana’s DeFi ecosystem. As more real-world assets move onchain, Backpack will continue supporting Frontier Traders across tokenization, rebalancing, custody, and global fiat rails.
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Solana Foundation@SolanaFndn

Onchain is the new frontier. Since launching Frontier Traders last week, we've seen an incredible response from traders, firms, and ecosystem partners eager to get involved. Here's a full breakdown of Frontier Traders: - What the program is, who it's for, and how to join - Updated VIP Tier qualifications and benefits - Full list of Founding Program Venues Answers to the most common questions👇🏼

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Bemir 🎒
Bemir 🎒@bemirland·
just got this to say FOCK IT !!!
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Backpack 🎒
Backpack 🎒@Backpack·
Internet capital markets are here. $SPCX reached $108M in 24H volume, making it the highest-volume market on Solana. Issued by Backpack Securities, $SPCX is redeemable 1:1 for real shares and transferable to traditional brokerages. Liquidity bootstrapped by @SunriseDeFi.
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esperes 🎒
esperes 🎒@ivancsicsakos·
Budapest just became the first city in Europe to honor the @MadLads with a statue. 🇭🇺 Hungary sees the future: @Backpack is set to reshape global finance, and this is a tribute to the movement before the rest of the world catches up. WAO. Europe. 🎒🇪🇺
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chriss.nad
chriss.nad@BacsiK399·
@armaniferrante I have staked BP tokens since TGE day, but after July 1 I have to use the EU version. Will it be possible to transfer the staked tokens so that the past 3 months are not lost?🎒
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Mad Lads
Mad Lads@MadLads·
We said big week.
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Superteam
Superteam@superteam·
TUNE IN on monday to have all your questions about $spcx on solana is it really the stock? how do dividends & rights work? is it compatible with your fav brokerage & defi app? it’s not rocket science, it’s solana
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Armani Ferrante
Armani Ferrante@armaniferrante·
The reason why liquidity is concentrating around the @Backpack variant is because it's the only tokenized stock in the world that allows you to cycle the asset between Solana and Nasdaq, the only one that allows you to on and off ramp from your brokerage account, and the only one that gives you a redeemable right for the underlying security entitlement.
Steven (っ♡◡♡)っ@stevensarmi

The power of the variants system w/ @tokens API. When SpaceX launched, there were 3 variants onchain. The battle for liquidity was real and really interesting/fun to see live. The main the bottleneck was tradfi brokers and traditional venues, we couldnt get the inventory for the amount of capital that was being allocated onchain - $SPCXx (@xStocksFi ) - $SPCX (@Backpack ) - $SPCXon (@OndoFinance ) At the start xStocks variant actually was number one because the liquidity they procured was the highest (expected), however, here we are at the end of the day 1 and the primary variant has shifted from xStocks to Backpack They also bumped up to a tier 2 variant from 3, more liquidity curious to see who is the first to hit tier 1 threshold of 10m+

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Armani Ferrante
Armani Ferrante@armaniferrante·
To give you a concrete sense of what we're doing with @Backpack Securities. - Trade stocks on Backpack - Deposit/Withdraw to Solana - Trade on DeFi in your wallet - On/off ramp to your brokerage account Tokenized stocks that are redeemable for the real thing just like a stablecoin. Demo:
Backpack 🎒@Backpack

$SPCX goes live on @Solana via @SunriseDeFi following SpaceX’s Nasdaq debut. Issued by Backpack Securities. On/off-ramp SpaceX shares between traditional brokers and Solana.

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Armani Ferrante
Armani Ferrante@armaniferrante·
It's been almost 3 months since the BP TGE, and it feels like a lifetime. It's been over 3 years since we started the exchange, and it feels like a lifetime. From the beginning, we've taken a different path from just about every new entrant this cycle. It's been a long path. It's been a hard path. But it's the path we needed to take to build a modern financial institution for the future of money. With every day that passes, we inch a little bit closer. It's not just about crypto. It's not just about stocks. It's not just about trading. It's not just about perps. It's about doing the hard things in the real world that few are willing to do to, and for which there is no short cut. It's only when you do those things can you genuinely merge the crypto economy with the traditional economy--not just in one country, but for the entire world. It's easy to say. It's hard to do. It takes years, decades, to make any progress. Heck, we moved to Japan over three years ago so that we could get a bank account and legally serve the market. But we are happy to build this business not in one cycle, because we will build it over a lifetime. As we rollout Backpack Securities, we begin a multi-month release cycle of hitting milestones that have been years in the making, and we couldn't be more excited to share them with the world. Today, Backpack is your brokerage, your exchange, and your wallet. It's the result of a global team pouring their hearts into the product, through the good, through the bad, and never yielding. Every day, we push forward. Brick by brick, and I hope you love this brick as much as I do. 🧱
Backpack 🎒@Backpack

Public Beta is live. Trade real US stocks and ETFs alongside crypto, perps, and yield, all within one account. Real ownership under New York law. Cash dividends, brokerage transfers, and corporate actions rolling out during Public Beta. 24/5. Instant execution. Traditional market liquidity. No fees in June: backpack.exchange/stocks

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Backpack 🎒
Backpack 🎒@Backpack·
Public Beta is live. Trade real US stocks and ETFs alongside crypto, perps, and yield, all within one account. Real ownership under New York law. Cash dividends, brokerage transfers, and corporate actions rolling out during Public Beta. 24/5. Instant execution. Traditional market liquidity. No fees in June: backpack.exchange/stocks
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MS15.sol 🎒
MS15.sol 🎒@__MS15__·
Old Money they said. We say Fock it...
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