He Lost $14M to FTX. Now He’s Putting Real Stocks on Solana | Armani Ferrante (Backpack)
By The Defiant
What do you actually own when you buy a tokenized stock? Backpack founder Armani Ferrante breaks down the transfer agent, DTCC, SPV debt-security and Backpack models. Backpack’s version is 1:1 redeemable stock you can move between your brokerage and DeFi. Armani explains how that unlocks arbitrage and better price…
Read it in your languageMachine translation by Google of the publisher's page
More in Finance
From the blog
Blockstream and Thales roll out new Bitcoin custody solution
Blockstream and Thales have partnered to introduce a new enterprise-grade Bitcoin custody solution, combining hardware security modules with Secure Multi-Party…
Yuki Yamamoto3 min readWhales Dump Bitcoin for Anthropic IPO? SpaceX Precedent Hints at Bottom
Bitcoin is experiencing a downturn as investors withdraw capital from spot ETFs ahead of the Anthropic IPO, mirroring market patterns…
Yuki Yamamoto4 min read
Solana Staking Holds Near 69% As SOL Price Dips To $67
Solana staking holds steady near 69 percent of the circulating supply even as the SOL price dips to $67 amid…
Yuki Yamamoto3 min read