Backpack Securities has introduced a tokenized version of BlackRock shares, called $BLK, on the Solana blockchain. This allows users to trade BlackRock shares 24/7 on decentralized exchanges and transfer tokens between wallets, unlike traditional stock markets with fixed hours. Each token is redeemable 1:1 for the actual share, providing flexibility for investors to use shares in decentralized finance applications. Backpack aims to expand its tokenized stock offerings, with plans to support up to 10,000 US equity symbols, enhancing access and liquidity in the market.
Backpack's tokenized BlackRock shares on Solana provide context for digital asset trading trends. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 03, 2026 02:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 13 rose and 36 fell today. Notable movers include MANA (Decentraland) at Rp1.739 with a 9.23% increase and 100% buy order activity, ENJ (Enjin Coin) at Rp575 with an 8.45% rise but 100% sell order activity, and EOS (EOS.IO) at Rp12.649 with an 8.13% gain. The most notable figure is MANA's 100% buy order activity.
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Chainlink developed a system for Swift's 2026 Business Challenge that automates cash dividends for tokenized equities across four blockchains, handling everything from corporate-action messaging to payment and reconciliation without manual work. The ...
