Introducing Tokenized RoboStrategy ($BOT)

Backpack introduces tokenized RoboStrategy ($BOT) on Solana. Each $BOT token is tradable 24/7 and redeemable 1:1 for a real share of RoboStrategy through Backpack Securities. 

Token details

About RoboStrategy 

RoboStrategy, Inc. (Nasdaq: BOT) is a closed-end fund providing public-market exposure to private and public companies in the robotics and embodied artificial intelligence sectors. Portfolio holdings include Figure AI, Apptronik, Dyna Robotics, Dexmate, Standard Bots, Path Robotics, REK, and GMI.Moving between $BOT and real BOT shares.

Moving between $BOT and real BOT shares

$BOT and real BOT shares are convertible 1:1 through Backpack Exchange. The flow works the same way as depositing or withdrawing a stablecoin.

• Withdraw a real BOT share from Backpack Exchange to tokenize it into $BOT on Solana.
• Deposit $BOT from a Solana wallet to Backpack Exchange to convert it back into a real BOT share held in Backpack Securities.

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