Backpack will launch on-chain IPO subscription services and has opened a waiting list

Backpack founder Armani Ferrante posted on the X platform that Backpack will launch an on-chain IPO subscription service, which will begin development this year, allowing users to access IPO shares before they are listed on the stock exchange.

Backpack will collaborate with Superstate to make Backpack one of the stops on the roadshow, enabling Backpack users to participate in these IPOs ahead of the official trading. Currently, Backpack has set up a waiting list, and early registered users will receive priority access to the first IPO.