#bp token

➤ Backpack's native BP token saw a significant surge of 27% following the launch of tokenized SpaceX equity on the Solana blockchain. ➤ The tokenized SpaceX shares (SPCX) were made available for 24/7 trading, leveraging the attention from SpaceX's record-breaking IPO. ➤ This event highlights the growing trend of tokenizing traditional equities and the potential for significant price volatility in associated native tokens.

➤ Backpack has launched Backpack Securities, a regulated platform that brings real U.S. stocks and ETFs onchain, enabling their use in DeFi applications. ➤ This integration allows users to hold traditional stock positions alongside crypto assets within the same account logic on the Solana blockchain. ➤ The announcement led to an 89% surge in Backpack's native token, $BP, highlighting market excitement for this novel approach to tokenized real-world assets.