Mad Coach🎒 retweeted
Tokenization is changing the game in real time, and @Backpack just out-traded everyone over the weekend with $280.1M in total volume, leading the pack ahead of Coinbase and Robinhood.
The future of equities trading is 24/7 onchain and Backpack has everything to lead it.
Mad Coach🎒 retweeted
Win
Backpack just took the lead in tokenized equity spot DEX volume across ALL chains.
27% of our tracked volume on Oct 25, ahead of Coinbase’s 25%.
Issuance models (@Backpack x @sunrise) and the underlying tech (@solana) still matter, and that is the fwd looking lens needed to see who wins this sector in the long run.
The best product doesn’t always win.
But sometimes it does. @Backpack .
1.5m people hold tokenized stocks on solana. 5x since august
@BackpackOnchain did $105m+ in volume on a sunday while us markets were closed
the market doesn’t close anymore, it moved to solana
Mad Coach🎒 retweeted
🚨JUST IN: After two weeks of neck-and-neck battle for tokenized equities trading volume on @Solana, @Backpack took a clear lead last week, capturing 63% of volume share, while @xStocksFi fell to 32%.
Mad Coach🎒 retweeted
Issued by Backpack Securities, $GOOGL is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for Alphabet Class A shares
▸ Transferable to traditional brokerages
Alphabet is Google's parent company, operating Search, YouTube and Google Cloud, with businesses spanning digital advertising, AI and autonomous driving.
Mad Coach🎒 retweeted
Sunday is just another market day on Solana
Backpack Securities led all issuers by 24h volume, with $105M+ traded on a Sunday while traditional US markets were closed.
24/7 equity markets, natively on @Solana.
Build on Backpack 🎒
Source: @Birdeye_so
Mad Coach🎒 retweeted
🤯
1.5m people hold tokenized stocks on solana. 5x since august
@BackpackOnchain did $105m+ in volume on a sunday while us markets were closed
the market doesn’t close anymore, it moved to solana
Mad Coach🎒 retweeted
People sleep on how much liquidity @BackpackOnchain has onchain on the weekend. If news breaks on a Sunday, you can actually do something about it.
Two Sundays ago, $TTWO ripped 12% onchain while the market was closed. A $240 sell limit set on Friday on @Titan_Exchange would've filled into the spike and beaten Monday's open by 12%.
Backpack Securities led all issuers by 24h volume, with $105M+ traded on a Sunday while traditional US markets were closed.
24/7 equity markets, natively on @Solana.
Build on Backpack 🎒
Source: @Birdeye_so
. @Backpack on top.
Two names ran tokenized stock trading this week.
@Backpack +$80.6M & @PreStocks +$21.5M.
$102.1M of new DEX volume between them in 7 days.
Data: @tokenterminal
Mad Coach🎒 retweeted
Across the 9 stocks that all issuers listed, @BackpackOnchain led on all-time turnover rate: its tokens traded 182x their market cap from launch to Oct 21.
Tokens by tokens, Backpack also led turnover rate in 5 out of 9: MRNA, SPCX, NFLX, AMD & SNDK.
More insights in our report 👇
Don’t look for the best price.
Look for the best project.
If you buy the bottom of a shitty project congratulations, you own a piece of shit.
If you buy the best project, the price doesn’t matter.
The trajectory will be upward.
@Backpack is one of the rare projects that has delivered far more after its TGE than before.
If a TGE feels like a fireworks, you are witnessing the twilight of a project.
If the TGE is boring, it means the party hasn’t even started yet.
Mad Coach🎒 retweeted
It started with a world map in our Chicago office.
Years of building teams, securing licenses and connecting financial infrastructure. A single Backpack connecting global markets.
“To build something that would ultimately stand the test of time.”
Now it’s coming together 🎒
Mad Coach🎒 retweeted
🎙️ @Backpack had nearly 90% of its capital on FTX when it collapsed. The company was dead.
Now @armaniferrante is building a single globally regulated exchange, with one order book for crypto and stocks.
The full story with @CamiRusso 👇🏻
Mad Coach🎒 retweeted
Backpack团队在tge后的效率甚至比tge之前要高的多！你敢信？别人发完币猛猛割韭菜！创始团队买游艇飞机！而backpack创始人阿玛尼还在做廉价航空的经济仓！永远顶着一个黑眼圈！他是真正的极客！
