Backpack Securities is taking another step forward. This time, they’re partnering with http://Pump.fun to bring tokenized US stocks into Pump Custom Pairs. In other words, some on-chain US stocks in Custom Pairs will be provided by Backpack Securities, 1:1 pegged to real stocks, and support redemption. Previously, Backpack focused on bringing real stocks to Solana, transforming traditional securities into on-chain assets through 24/7 trading, on-chain transfers, and DeFi. Now, they’re integrating with http://Pump.fun, a more on-chain-native trading platform, essentially expanding the distribution channels for these stock assets. From exchanges → wallets → Solana DeFi → Pump Custom Pairs, @Backpack is steadily moving tokenized US stocks into larger on-chain liquidity pools. How this evolves next is definitely worth keeping an eye on. Backpack