Backpack CEO Plans to Bring 10,000 Tokenized Stocks to Solana
5 Articles
5 Articles
Backpack CEO plans to bring 10,000 tokenized stocks to Solana
Backpack CEO Armani Ferrante has laid out a plan to expand tokenized stock access on Solana from about 200 symbols to 10,000, with shares moving between brokerage accounts and decentralized finance through one API. According to a post shared by…
Backpack Targets 10,000 Tokenized Stocks on Solana With Single API Push
Backpack wants to go big. CEO Armani Ferrante has laid out plans to scale the exchange’s tokenized stock offerings on… Read the original on Backpack Aims to Offer 10,000 Tokenized Stocks on Solana with One API Integration. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Backpack wants to see big. CEO Armani Ferrante has outlined plans to move the tokenized shares offerings of the Solana exchange from about 200 symbols to 10,000 — practically the entire US stock market, wrapped in blockchain rails and accessible via a single API. No launch date. No list of the
According to ChainCatcher, Backpack CEO Armani Ferrante stated that the next phase aims to expand the number of tokenized stocks from approximately 200 to 10,000, covering the entire stock market. The vision is to enable the bidirectional flow of real-world stocks between traditional securities accounts and decentralized finance protocols through a unified application programming interface (API).
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