Backpack launches the first 24/7 real-time US stock market, initially supporting SpaceX, Micron, and SanDisk

Backpack announced the launch of the first 24/7/365 real-time US stock trading market for international investors, allowing users to buy and sell real American stocks around the clock, rather than synthetic derivatives. The first batch of supported stocks includes SpaceX (SPCX), Micron (MU), and SanDisk (SNDK).

Backpack stated that the platform offers real equity ownership, instant settlement, and continuous price discovery, and supports deposits in fiat currency or stablecoins. In addition, the platform also supports tokenized versions of these assets on Solana, allowing users to achieve a 1:1 conversion between traditional securities and tokenized stocks on the Backpack platform.