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Backpack announced a partnership with a South Korean SK securities firm, planning to provide eligible investors with South Korean stock trading through its application and explore collaboration in tokenized securities and RWA assets.
Multicoin Capital co-founder Kyle Samani announced that his largest personal angel investment to date has been made in Backpack. He had previously joined the Backpack US board of directors.
BlockBeats reported that BP at one point approached 1.5 USD, and is currently quoted at 1.479 USD，24-hour increase of 22.2%. The report linked the rally to positive expectations surrounding tokenized real U.S. stock trading operations.
PANews reports that Backpack plans to expand its approximately 200 listed on-chain stocks to approximately 10000 and connect traditional brokerage accounts with API through a single DeFi. Its CEO states that the relevant tokens correspond to real stocks in legal and economic terms.
Backpack ecosystem NFT project Mad Lads floor price rose to 13.57 items SOL, equivalent to approximately 1640 USD，24 hourly gain reached 85.23%。
Backpack platform token BP broke through intraday 1.42 USD to set an all-time high, then traded at 1.297 USD，24-hour gain was 9.2%。
Backpack announced the launch of cash dividend functionality for stocks and ETFs, with eligible dividends credited directly to users’ accounts.
BlockBeats reported that the Backpack platform token BP surpassed 1.27 USD and set a new all-time high, rising 48% in 24 hours. The report linked the rise to tokenized real U.S. stock trading services and related regulatory tailwinds.
BlockBeats, citing HTX market data, reported that the Backpack platform token BP was quoted at USD 0.96, up 19.8% over 24 hours and nearing USD 1. The report attributed the recent trend to expectations related to tokenized stock trading.
HTX market data shows that Backpack platform token BP briefly broke above 0.91 USD before retreating to 0.9089 USD, with a 24-hour gain of 24.98%.
A report highlights BP's sudden rise and links it to a potential new valuation rationale for Backpack, but provides no gain percentage, time period, or specific basis.