SpaceX stock is coming to Solana on the same day it lists on Nasdaq

The firms making that possible say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets. What to know : SpaceX shares will begin trading on Solana the same day the company lists on Nasdaq through a tokenized stock called SPCX, issued by Backpack Securities. SPCX can be redeemed for underlying SpaceX shares and transferred between traditional brokerages and Solana, highlighting a broader push by Sunrise and Backpack to bring U.S. stocks onchain.