Guavy AI Editorial TeamSentiment: 2Clout: 55

Backpack Securities Fuses Traditional Stock Market with Blockchain

Backpack Securities, a new platform from the creators of Castle Crypto, has announced its launch in an effort to merge traditional stock market infrastructure with blockchain technology.

The platform will allow users to trade real U.S. stocks and ETFs while enabling on-chain tokenization of these assets through a partnership with Sunrise Defi on the Solana network.

This integration is expected to provide 24/5 trading for stocks and ETFs, as well as 24/7 on-chain tokenization capabilities.