Tokenized Firefly Aerospace ($FLY) Now Available on Solana 

Backpack expands its tokenized stock lineup on Solana with Firefly Aerospace ($FLY). Each $FLY token is tradable 24/7 and redeemable 1:1 for a traditional share of Firefly Aerospace (Nasdaq: FLY) through Backpack Securities.

Token details

About Firefly Aerospace

Firefly Aerospace, Inc. (Nasdaq: FLY) is a Texas-based space and defense technology company. Its launch lineup covers the small Alpha rocket and Eclipse, a medium-lift vehicle in development with Northrop Grumman, while its spacecraft work covers the Blue Ghost lunar lander and the Elytra family of orbital vehicles. Blue Ghost completed the first fully successful commercial soft landing on the Moon in March 2025, under NASA's Commercial Lunar Payload Services program. 

Moving between $FLY and traditional FLY shares

$FLY and traditional Firefly Aerospace, Inc. (Nasdaq: FLY) shares are convertible 1:1 through Backpack Exchange. The flow works the same way as depositing or withdrawing a stablecoin.

Withdraw a share of Firefly Aerospace from Backpack Exchange to tokenize it into $FLY on Solana.

Deposit $FLY from a Solana wallet to Backpack Exchange to convert it back into the underlying FLY share held in Backpack Securities.

How to trade $FLY

You can trade Backpack-issued $FLY on Solana using Backpack Wallet.

$FLY is also accessible across the Solana ecosystem, including decentralized exchanges, aggregators, wallets, and apps such as Backpack, fomo, Titan, Jupiter, Phantom, Solflare, Raydium, Kamino, and others.

Unlike most tokenized stocks that only track a price, tokenized securities issued by Backpack, including $FLY, are:

• Redeemable 1:1 for real underlying shares
• Transferable to traditional brokerages