Wall Street just got a 24/7 Solana wrapper.
Backpack Securities today launched tokenized Apple ($AAPL ) and Nvidia ($NVDA ) on Solana. Each token is redeemable 1:1 for a real Nasdaq share via Backpack Exchange and can move across Solana apps like Jupiter, Phantom, Raydium and Kamino.
It lands two weeks after Securitize brought 12 US stocks (incl. AAPL, NVDA) to Solana with USDC settlement. Solana is quietly becoming the default rail for onchain equities.
Why it matters:
• Redeemable shares beat price-tracking synthetics on trust
• Stocks as Solana collateral could pull new TVL and fees
• Weekend trading = price discovery while Nasdaq sleeps
$SOL: 102.56, -1.8% 24h, ~$160M spot volume (Binance, 14:17 KST). 7-day range on 4h candles: 100.43 to 109.20.
Bull case: RWA flows turn into real onchain volume, and SOL reclaims 109.
Bear case: eligibility limits keep liquidity thin, and losing 100.4 opens a deeper retest.
Risks: regulatory scope, issuer/custody risk, weekend gaps vs Monday open.
Would you hold stocks in a Solana wallet?
Source: https://learn.backpack.exchange/blog/tokenized-nvidia-nvda
#WriteToEarn
Not financial advice. DYOR.
Backpack Securities today launched tokenized Apple ($AAPL ) and Nvidia ($NVDA ) on Solana. Each token is redeemable 1:1 for a real Nasdaq share via Backpack Exchange and can move across Solana apps like Jupiter, Phantom, Raydium and Kamino.
It lands two weeks after Securitize brought 12 US stocks (incl. AAPL, NVDA) to Solana with USDC settlement. Solana is quietly becoming the default rail for onchain equities.
Why it matters:
• Redeemable shares beat price-tracking synthetics on trust
• Stocks as Solana collateral could pull new TVL and fees
• Weekend trading = price discovery while Nasdaq sleeps
$SOL: 102.56, -1.8% 24h, ~$160M spot volume (Binance, 14:17 KST). 7-day range on 4h candles: 100.43 to 109.20.
Bull case: RWA flows turn into real onchain volume, and SOL reclaims 109.
Bear case: eligibility limits keep liquidity thin, and losing 100.4 opens a deeper retest.
Risks: regulatory scope, issuer/custody risk, weekend gaps vs Monday open.
Would you hold stocks in a Solana wallet?
Source: https://learn.backpack.exchange/blog/tokenized-nvidia-nvda
#WriteToEarn
Not financial advice. DYOR.