Tokenized Nebius Group ($NBIS) Now Available on Solana

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

Token details

About Nebius Group

Nebius Group N.V. (Nasdaq: NBIS) is an AI cloud company headquartered in Amsterdam that builds full-stack infrastructure for the global AI industry, including large-scale GPU clusters, data centers, and the software developers need to train and run AI models. The company operates in a strategic alliance with NVIDIA and serves startups and enterprises building AI products worldwide. Beyond its core AI cloud, the group includes Avride, an autonomous driving and delivery robotics developer, and TripleTen, an edtech platform. Nebius was formerly known as Yandex N.V. and adopted its current name in August 2024 after divesting its Russia-based businesses.

Moving between $NBIS and traditional NBIS shares

$NBIS and traditional Nebius Group N.V. (Nasdaq: NBIS) shares are convertible 1:1 through Backpack Exchange. The flow works the same way as depositing or withdrawing a stablecoin.

Withdraw a share of Nebius Group from Backpack Exchange to tokenize it into $NBIS on Solana.

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

How to trade $NBIS

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

$NBIS 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 $NBIS, are:

• Redeemable 1:1 for real underlying shares
• Transferable to traditional brokerages after redemption
• Tradable across both Solana and Nasdaq

Nebius Group's Q2 2026 earnings

Nebius Group reports second quarter 2026 results before market open on Wednesday, August 12, 2026, followed by a conference call at 8:00 AM ET.

The report lands in one of the fastest-growing corners of the market. Nebius posted $399 million in revenue in the first quarter of 2026, and analysts expect Q2 revenue of roughly $576 million as the company scales toward its full-year annualized run-rate revenue target of $7 billion to $9 billion. Investors will also be watching for updates on the commercial rollout of NVIDIA's Vera Rubin NVL72 systems, which Nebius plans to offer in the US and Europe from H2 2026.

With $NBIS on Solana, holders can react to the results immediately, without waiting for Nasdaq to reopen. Track the full schedule on Backpack's Earnings Calendar.

The descriptions provided herein are for informational purposes only. For details, please see the Backpack Securities Terms of Service, available in the User Agreement.