Backpack CEO Armani Ferrante announced plans to increase tokenized stock offerings on the Solana blockchain from about 200 to 10,000 symbols. This expansion aims to enable seamless movement of shares between traditional brokerage accounts and decentralized finance (DeFi) apps through a unified API, potentially democratizing access to equity markets. The company has not provided a timeline or priority list for the rollout. Although the SEC recently created a regulatory framework for tokenized securities trading, Backpack is not yet an approved platform under this framework, highlighting ongoing regulatory scrutiny.
Backpack's plan to expand tokenized stocks on Solana offers context for digital asset interest. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 27, 2026 16:31 WIB: 32 of 50 major cryptocurrencies rose today. EOS price was Rp12.649 with an 8.13% increase and a typical hold time of 87 days. FIL price was Rp20.567, up 6.87%, with 89% sell order activity and a typical hold time of 99 days. COTI fell 5.98% to Rp268, with 89% sell order activity and a typical hold time of 120 days.
Worldcoin (WLD) surged 8.54% within four hours to $0.5856, extending its 24-hour gain to 20.77% as of September 27. The price rose from $0.5395 to $0.5856 on Binance's WLD/USDT spot market, reflecting strong buying interest. During the same period, l...
After years of strong buying by retail traders, data from Vanda Research shows they are now moving to the sidelines. Meanwhile, institutional investors remain resilient, maintaining steady stock positions even as 10- and 30-year U.S. Treasury yields ...
Binance listed Hyperliquid (HYPE) with a high-risk Seed Tag, typically for new volatile tokens, despite HYPE being the 11th largest crypto by market cap. The listing caused a 4.5% price drop as large holders moved tokens to exchanges, signaling poten...
Quant (QNT) led gains among top altcoins with a brief 75% rise after being chosen for The Clearing House's On-Chain Money Initiative, pushing its price above $190 before settling near $160. Bitcoin (BTC) held steady above $83,000, moving toward $85,0...
GIWA confirmed that the GIWA Mainnet was a scam, with over 766 Ether moved through various addresses via a fraudulent bridge. Users are advised to avoid unofficial RPCs, bridges, and contracts linked to the project until further notice. The incident ...
