Backpack's SPCX tokenized SpaceX share token crosses 10,000 onchain holders on Solana — nearly double xStocks' SPCXx — as CEO Armani Ferrante argues the redemption-for-shares structure fundamentally distinguishes the product from cash-settled competitors.

Tokenized equities on Solana surpassed $100M in 24-hour volume for the first time, with $SPCX, backed 1:1 by SpaceX shares, driving over 40% of trading.

Market commentator The Kobeissi Letter highlighted on Tuesday a record surge in tokenized stocks on Solana (CRYPTO: SOL), led by stro

Solana (CRYPTO: SOL) has clocked $100 million in SpaceX

Backpack's SPCX tokenized SpaceX share token crosses 10,000 onchain holders on Solana — nearly double xStocks' SPCXx — as CEO Armani Ferrante argues the redemption-for-shares…