Just came across Armani Ferrante talking about @Backpack_CN's next phase. It's not about 10 stocks, or even 100 stocks—Backpack wants to scale the number of tokenized stocks on Solana from the current ~200 symbols to 10,000. He made it clear that the goal isn't just to add more stocks, but to use an API to bridge real stocks between brokerage accounts and DeFi. Imagine opening Backpack in the future and seeing not just NVDA, META, AAPL, and other big names, but also industry leaders, mid-cap stocks, ETFs, and even niche sectors. The product logic would be completely different. And this is already happening. Recently, Backpack has been adding stocks like BB, USO, COPX, URA, IONQ, ARM, CRWV, IREN, SQQQ—expanding into more industries and ETFs within just a week. What I find particularly interesting is that these stocks, once on Solana, aren't just about buying stocks in a different place. You can already use the Securities Mint/Redeem API to convert eligible securities rights back and forth between traditional accounts and on-chain assets. Add Wallet, DeFi, Perps, Lending on top of that... Stocks start to feel a bit like crypto assets. You can hold them, trade them, use them as collateral, and integrate them into various on-chain applications. From 200 to 10,000—what Backpack can achieve in this process is huge. If this step succeeds, Backpack might be doing something far beyond just tokenized U.S. stocks on-chain.