TLDR on Backpack: - It's a traditional brokerage model. - All shareholder rights are given like other traditional brokers holding real security entitlements. - Because of UCC Article 8, you actually have *more* rights than crypto brokers without this. - Clearing broker is RQD. - Dividend witholding

TLDR on Backpack: - It's a traditional brokerage model. - All shareholder rights are given like other traditional brokers holding real security entitlements. - Because of UCC Article 8, you actually have *more* rights than crypto brokers without this. - Clearing broker is RQD. - Dividend witholding

RT @armaniferrante: @cryptohighvol TLDR on Backpack: - It's a traditional brokerage model. - All shareholder rights are given like other t…

For the first time, you can on/off-ramp stocks between traditional brokerage and Solana https://x.com/Backpack/status/2061800843360575679

.@Backpack 的美股终于也端上来了。 研究一下到底是怎么个事。 目前美股赛道如火如荼，各大交易所都在布局。 这里面最终就看两点： 第一点股票来源。 第二点手续费率。 能做到来源干净，股票真实的同时手续费越低，基本上就能赢得这一波美股上链热潮的比赛。 https://x.com/Backpack_CN/status/2061801109786902871

For the first time, you can on/off-ramp stocks between traditional brokerage and Solana https://x.com/Backpack/status/2061800843360575679

For the first time, you can on/off-ramp stocks between traditional brokerage and Solana https://x.com/Backpack/status/2061800843360575679

卧槽，BackPack 直接开正规券商了，上线了Bacpack Securities 在各家交易所选择与券商合作上线美股交易的热潮下，BackPack 直接宣布成了美资券商 有什么区别？ 你在币安交易美股，背后是券商和经纪是 Nest Trading 和 Alpaca 负责 BackPack 是交易所，也是正规中间商，背后是直联美股市场的流动性池和DTCC（美国证券市场的中央结算机构）的清结算

The launch of Backpack Securities is much more than just “another stock offering”. @Backpack holds the licenses themselves to be an actual broker and has not partnered to make this happen. You can trade and withdraw stocks onto @solana as tokenized SPLs, like the Tether of stocks

Things you can do with @Backpack Securities that you can’t do anywhere else: 1. Transfer your @RobinhoodApp or @IBKR account to Backpack directly 2. Withdraw equities as tokenized versions in the same way that digital dollars are withdrawn as stables 3. Full NY Law and rights

Backpack will soon be a global giant in anything finance related Can't wait to leave my regular banks and brokers https://x.com/Backpack/status/2061800843360575679

Things you can do with @Backpack Securities that you can’t do anywhere else: 1. Transfer your @RobinhoodApp or @IBKR account to Backpack directly 2. Withdraw equities as tokenized versions in the same way that digital dollars are withdrawn as stables 3. Full NY Law and rights

I’m starting to see Backpack as way more than just a crypto exchange. This stocks move feels big. Fock it.