Tesla $TSLA Tokenized Stock Goes Live on Solana via Backpack Securities
- —$TSLA is issued by Backpack Securities and distributed via Sunrise on Solana
- —More than 10 apps support the token, including Phantom, Jupiter, Raydium and Kamino
- —The asset is a tokenized Tesla share, not a token issued by Tesla itself
- —Contract address: TSLAqBbv4CNCnzWFeB7LmydAyEiNMJtve7DYKLpdK4S
Why it matters: Tokenized blue-chip equities broaden crypto wallets' access to traditional assets and step up competition with brokerage platforms.
Source: CryptoNinjas