Backpack Launches 24/7 Trading for Tokenized US Stocks Globally

Expansion Beyond Traditional Hours

Backpack launched 24/7 trading for tokenized U.S. stocks on Thursday, enabling eligible investors outside the United States to trade selected equities with instant settlement. The platform, which tokenizes shares of major U.S. companies, removes the geographic and temporal barriers inherent in traditional stock exchanges that operate on fixed hours and restrict access to certain regions.

Global Access to US Equities

The service now covers more than 150 countries and allows users to hold direct ownership of underlying equities through blockchain-based tokens. By removing settlement delays and operating continuously, Backpack compresses the friction that has historically existed between retail investors globally and U.S. stock markets. The offering directly challenges Wall Street's operational model, which confines trading to business hours and relies on intermediaries for settlement and custody.

Why It Matters

For Traders

24/7 stock trading removes overnight gap risk for positions in tokenized equities and enables entry or exit outside traditional market hours.

For Investors

Tokenized equity offerings signal growing institutional acceptance of on-chain asset settlement and hint at eventual disintermediation of traditional stock clearing.

For Builders

Token-based equity infrastructure requires on-chain custody, regulatory clarity, and liquidity bridges that protocols can build and monetize.