Backpack Securities Launches Tokenized Intel ($INTC) for 24/7 Trading Ahead of Q2 Earnings On July 21, Backpack Securities launched tokenized Intel stock ($INTC) on Solana via the Sunrise protocol, enabling 24/7 on-chain trading ahead of Intel’s Q2 earnings report. ① Following SpaceX (SPCX), Micron (MU), and Robinhood (HOODx), another major tech stock has gone live on Solana ahead of a key financial event. Backpack’s tokenized securities now generate monthly trading volumes of approximately $1.5 billion, with a daily peak exceeding $187 million in mid-June. ② Each $INTC token represents a real Intel share held in custody by Backpack Securities and is redeemable via ACATS/DTCC. This is not synthetic exposure or a perpetual contract—it is an on-chain representation of actual shares. ③ My assessment: Backpack is positioning itself as a “tokenized stock IPO platform.” Whenever a new IPO or major earnings event occurs, it delivers 24/7 trading on Solana simultaneously. If this model is adopted by more issuers, the traditional concept of “trading hours” on conventional exchanges will gradually dissolve. Intel is a compelling case—it’s currently in transition, with high price volatility. While traditional markets are closed, tokenized Intel keeps trading—offering global investors an entirely new trading experience. @solana @Solana_zh #Intel #Backpack #Solana #TokenizedStocks