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Tracked since July 15 at 14:51 · 1 analyses · Updated July 17 at 14:20

Solana accelerates tokenized stocks: Robinhood shares ($HOOD) live via Backpack, Binance and OKX also list tokenized stocks

Robinhood ($HOOD) tokenized representation launched on Solana via Backpack Securities and Sunrise, redeemable 1:1 and transferable to traditional brokerages. Binance listed 10 new bStocks including AAPL, TSMC, ARM. OKX launched unified tokenized stock markets with multiple issuers. Alpaca raised $135M for tokenized stock infrastructure.

6 key perspectives · 5 authors
  • $HOOD tokenized on Solana by Backpack Securities, tradable across Solana and Nasdaq.
  • Binance added 10 new bStocks (AAPL, TSMC, etc.) with 24/7 onchain trading.
  • OKX launched first global unified tokenized stock market with multiple issuers.
  • Alpaca raised $135M for tokenized stock infrastructure.
  • Phantom noted 'they are tokenizing literally everything' with massive engagement.

Tokenized equities are moving from niche to mainstream, with three major exchanges (Binance, OKX, Solana-based) actively competing. The infrastructure layer (Alpaca) is attracting significant capital. This could transform how global investors access US stocks 24/7.

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