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1 Backpack Securities Issues AMD and Forward Industries Tokenized Shares on Solana for 1:1 Redemption 🪙 Crypto Sep 16, 5:56 PM EDT 4/3
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Backpack Securities Issues AMD and Forward Industries Tokenized Shares on Solana for 1:1 Redemption
🪙 Crypto Sep 16, 5:56 PM EDT 4/3
Traders can now access equity in Advanced Micro Devices and Forward Industries using the Solana blockchain through the Sunrise platform. Issued by Backpack Securities, these tokens allow for 1:1 redemption into actual shares that can be transferred to traditional brokerage accounts. Birdeye verified the listings, which provide 24/7 on-chain exposure to both companies.
Forward Industries operates as a Solana treasury company focused on the growth of the network's ecosystem. These tokenized holdings are part of a broader infrastructure where hundreds of other markets are currently tradable and redeemable on the Solana chain.