DeFi· ★★★· bullish·

Backpack CEO: goal is to bring the entire stock market on-chain on Solana

  • —Backpack aims to move the entire stock market onto Solana
  • —Listed equities to grow from 200 to 10,000
  • —Real shares would move between brokerage accounts and DeFi via API
Why it matters: If delivered, tokenized equities on Solana could draw major liquidity and challenge traditional brokers.
Source: Bloomingbit