Backpack is a Solana-based platform that evolved from an NFT wallet and Mad Lads community project into a comprehensive brokerage combining a centralized crypto exchange, US stocks/ETFs trading, and self-custodial wallet services. Founded by Armani Ferrante (formerly at Apple and Alameda), the platform survived FTX's collapse and now emphasizes unified account margins, 24/7 real stock trading, and regulatory compliance across multiple jurisdictions.
A trader shares their position in PONS token, noting it generated over $109M in holder revenue over 24 hours and $7.8M over 7 days on DefiLlama, with 80% of protocol revenue going to buybacks and burns. They highlight a significant gain from an early investor who turned $67K into $6.52M in unrealized profits, and promote FomoPeek, a monitoring app for tracking smart money wallet movements across Solana, Ethereum, and TRON.
Multiple X posts discuss Real World Assets (RWA) market dynamics in September 2026, highlighting contradictory growth signals: holder numbers and transfer volumes surged while active addresses declined sharply, suggesting concentrated participation rather than broad adoption. Ethereum dominates RWA deployment with $23.2B (51.7% of $45B total), and emerging platforms like Solana and Aptos show stronger growth momentum. DeFi infrastructure is rapidly integrating traditional finance features through new products like Aave's mobile savings, Pendle's dividend tokenization, and Jupiter Vaults.
X posts discuss RWA and tokenization developments. GWDC 2026 innovation forum scheduled for Seoul on September 29-30 will feature stock tokenization and Web3 finance with government officials and tech giants. Backpack Securities partners with Solana platform to provide tokenized US stocks, enabling their use as trading pairs in DEX pools alongside other assets.