You Can Now Trade US Stocks 24/7 From 150 Countries — Here’s How Backpack Is Making It Happen

TLDR

• Backpack has launched round-the-clock trading for tokenized US stocks in over 150 countries
• Investors get direct ownership of underlying securities, not synthetic exposure, with instant settlement
• Tokenized SpaceX shares became the most traded tokenized version of the private company after launching in June
• The tokenized stock market has grown from $379 million to $1.85 billion in the past year
• Major players including Nasdaq, NYSE, Coinbase, Binance, and Kraken are all expanding tokenized equity offerings

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Crypto exchange Backpack now lets international investors trade tokenized US stocks 24 hours a day, seven days a week. The platform covers more than 150 countries and offers direct ownership of the underlying securities with instant settlement.

Backpack launches the first 24/7 brokerage for real US equities.

International investors can now buy and sell select US equities on Backpack 24/7/365.

Not synthetic. Not derivatives. Real shares — tradable around the clock.

Via the first always-on market infrastructure… pic.twitter.com/YLuunlix9j

— Backpack 🎒 (@Backpack) July 10, 2026

The initial lineup includes stocks linked to SpaceX, Micron, and SanDisk. Backpack says more equities will be added over time. Trades can be funded in fiat currency or stablecoins.

What Makes Backpack’s Model Different

Unlike products that only track stock prices, Backpack gives buyers actual ownership of the underlying securities. This is a key distinction from synthetic or derivative-based approaches used by some competitors.

The exchange also offers Solana-based tokenized versions of the same stocks. These can be transferred between wallets, used in decentralized finance applications, and redeemed on a 1:1 basis for the real shares through Backpack’s platform.

Backpack also has a planned US initial public offering in the works. Users who lock the exchange’s native token for at least one year will be able to convert those tokens into company equity after the IPO.

Tokenized SpaceX shares have become the most actively traded tokenized version of the private aerospace company since launching in June. Backpack did not release exact trading volumes or compare figures with rivals.

Tokenized Stocks Are Growing Fast

The broader tokenized stock market has grown from around $379 million to $1.85 billion over the past year, according to RWA.xyz data. In the past 30 days alone, distributed value rose 28.6%, while monthly transfer volume climbed over 85% to $8.76 billion.

Crypto exchanges have driven much of that growth. Kraken acquired xStocks developer Backed Finance in late 2025 and integrated it into its platform. Bybit and Bitget have also added xStocks support. Coinbase and Binance have both rolled out their own tokenized equity products in recent months.

Traditional financial institutions are moving in too. The SEC approved Nasdaq’s pilot in March to trade tokenized stocks alongside conventional securities on the same exchange.

The New York Stock Exchange partnered with Securitize to build a 24/7 marketplace for tokenized stocks and ETFs.

In April, the Depository Trust & Clearing Corporation announced plans to launch a tokenized securities service in October. The pilot involved more than 50 financial and crypto firms.

Backpack’s launch adds another competitor to a market that is quickly pulling in both crypto-native platforms and traditional Wall Street institutions.