Backpack × Superstate: Bringing Tokenized Public Equities Onchain

Backpack is excited to announce its partnership with Superstate, marking a major step toward connecting regulated public markets with crypto-native infrastructure.

Through this collaboration, Backpack becomes one of the first centralized exchanges (CEXs) to support trading of tokenized public equities issued on Superstate’s Opening Bell platform.

This new capability will be available to eligible non-U.S. users, expanding the range of real-world, compliant assets accessible through Backpack Exchange.

What Is Superstate?

Superstate is an SEC-registered transfer agent and digital asset infrastructure provider that issues and manages legally recognized digital securities.
Its flagship platform, Opening Bell, serves as an onchain issuance and registry system, often described as a “Nasdaq on Solana.”

Through Opening Bell, companies can issue real, SEC-registered shares directly onto blockchain networks such as Solana and Ethereum.
Unlike synthetic or wrapped tokens, these assets represent actual ownership interests in the underlying public equities.

Backpack’s Role: A Compliant Access Point

While several decentralized exchanges on Solana are preparing to support Opening Bell assets, Backpack is one of the first centralized exchanges to participate in this launch phase.

By integrating with Superstate, Backpack provides a regulated, compliant trading venue for qualified investors to access tokenized public equities, alongside crypto and stablecoins, within one seamless environment.

This positions Backpack as an early access point in the emerging market for onchain, SEC-registered securities, setting a precedent for how centralized exchanges can responsibly bridge the gap between traditional and decentralized finance.

Why This Matters

The partnership between Superstate and Backpack represents an important milestone for the future of tokenized markets and digital assets:

• Real Equities, Onchain: These are not synthetic or derivative instruments, but regulated, SEC-registered securities issued via Superstate’s infrastructure.
  
• Institutional-Grade Compliance: All activity is governed by clear KYC and jurisdictional frameworks, ensuring compliance across both crypto and traditional finance.
  
• Unified Market Access: Users will be able to trade equities, stablecoins, and crypto side by side, all on the same platform.
  
• 24/7 Market Efficiency: Tokenized assets enable around-the-clock market access, blending the liquidity of crypto with the regulatory standards of traditional exchanges.

The Future of Finance Is Onchain

As blockchain technology continues to reshape global markets, the line between traditional finance and crypto infrastructure grows thinner.

Through partnerships like this, Backpack is building the bridge, bringing regulated real-world assets onto the blockchain and unlocking a 24/7, onchain future for global investors.