What is Backpack US Stocks? Real equity, plus crypto-native advantages

Backpack US Stocks is the real equity product from Backpack Securities. You buy real US-listed stocks and ETFs, held through regulated US brokers, from the same account as your crypto. Stocks trade 24/7 including weekends, settle in USD, and idle cash can earn up to 6.8% APY via Auto Lend.

Backpack US Stocks is real ownership, not price exposure. Buy 1 share and you own 1 real share of equity, with the same shareholder rights and legal protections as a traditional US brokerage account.

What exactly is Backpack US Stocks?

Backpack US Stocks is the traditional brokerage layer of Backpack Securities. On Backpack, you own the stock, not just exposure to its price.

When you buy 1 share, what you hold is the corresponding real equity, protected under New York UCC Article 8. Because it is real ownership, you receive cash dividends and participate in corporate actions such as stock splits and mergers, with the same rights you would have when buying stocks at a traditional broker (actual scope depends on applicable regulations and operational arrangements).

Backpack US's Board of Directors includes Mike Piwowar, former US SEC Commissioner and Acting Chairman, and Mark Wetjen, former CFTC Commissioner and Acting Chairman, who oversee compliance and regulatory review for the securities business.

How does it differ from other US stocks products?

Two comparisons make the distinction clear:

• Compared to synthetic products: Synthetic or price-tracking products give you exposure to a stock's price without the underlying share. You don't own the equity, so cash dividends and corporate actions typically don't apply. Backpack holds the real stocks, so you receive real cash dividends and participate in corporate actions such as stock splits and mergers. When a company you own splits, spins off, or pays out, that value flows to you, not to a wrapper you happen to hold.
• Compared to traditional brokers: Traditional brokers keep your crypto, cash, and stocks in separate places, usually operate only during US market hours, and typically require a US bank account to fund. Backpack keeps everything in one account. You can fund with stablecoins without a US bank account, trade 24/7 including weekends, and idle USD can earn up to 6.8% APY via Auto Lend. Capital stays in one place, working across products instead of sitting fragmented across platforms. 

The result: cash waiting to buy stocks stops sitting idle, and news breaking on weekends is a market you can trade instead of watch.

What can you buy? How do you get started?

Backpack US Stocks offers real U.S. stocks and ETFs, including S&P 500 constituents, with direct access to US stock market liquidity.

Getting started is straightforward:

• Verify: Complete KYC once through your Backpack account. The same verification covers stocks, no separate signup needed. 
• Fund: Deposit via stablecoins (USDC, USDT) from your Backpack balance, or wire transfer in U.S. dollars from a bank account
• Trade: Buy and sell U.S. stocks directly from the same account

The Bottom Line

Backpack US Stocks is real US equity ownership that trades 24/7/365, including weekends and holidays. You buy real shares, receive cash dividends, and participate in corporate actions, all from the same account as your crypto. Fund with stablecoins without a US bank account, and let idle USD earn up to 6.8% APY via Auto Lend.

Beyond real equity ownership, your stocks on Backpack can also live onchain. Real US equities can be tokenized 1:1 on Solana for onchain settlement and DeFi compatibility. For a Solana-native trader, that means your stocks can move where your crypto already lives.