You can now trade SanDisk stock on a decentralized exchange. Not a synthetic derivative, not a perpetual contract, but a token backed 1:1 by actual equity that you can redeem for real shares and transfer to a traditional brokerage account.
The $SNDK token went live on Solana via Sunrise, the asset gateway developed by Wormhole Labs, and is already trading on Jupiter and Raydium. It was issued by Backpack Securities, a regulated US brokerage, making this the third consecutive tokenized US equity to emerge from the Sunrise and Backpack partnership.
From flash drives to flash trades
SanDisk became an independent entity listed on Nasdaq under the ticker SNDK after spinning off from Western Digital in February 2025.
Each $SNDK token is redeemable on a 1:1 basis for real SanDisk shares and is transferable to a traditional brokerage account. Trading is available 24/7, compared to traditional US stock markets which operate roughly 6.5 hours per day, five days a week. Some platforms are already offering margin markets on $SNDK with up to 10x leverage.
