Exchange Allotted Real Stock @Backpack & @sunrisedefi 🎒 Most exchanges failed to allocate IPOs 😂 The future with @armaniferrante🤝 #SpaceX #SPCX #Solana

최근 백팩 가격이 많이 올라서 수익실현을 하고 싶어하는 사람들이 있을텐데, 개인적인 생각으로는 지금 팔면 후회할 가능성이 높다고 봅니다. - 유럽, 일본, 미국 아직 개방하지도 않았음 - 미국주식 선물 프로덕트 런칭 전 - 미국쪽 규제가 곧 풀릴것 같은 흐름 - 대다수 사람들 VC들은 백팩을 잘 알지 못함 - 코인 사이클로 봤을때 하락장이 앞으로 길게 남지 않음 코인 시장 사이클을 여러개 경험하신 분들이라면 아시겠지만 매번 사이클마다 새로 강자로 떠오르는 거래소가 있었습니다. 다음 불장때 백팩이 분명 주인공이 될거라고 믿고, 지금 가격보다 훨씬 높게 갈거라고 생각합니다. 괜히 BP 갯수 늘리려고 트레이딩 하다가 물량 털리지 말고, 스테이킹 해놓고 트위터에서 열심히 쉴링하는것이 돈버는 지름길입니다. GO BIG OR GO HOME

To give you a concrete sense of what we're doing with @Backpack Securities. - Trade stocks on Backpack - Deposit/Withdraw to Solana - Trade on DeFi in your wallet - On/off ramp to your brokerage account Tokenized stocks that are redeemable for the real thing just like a stablecoin. Demo:

Exciting times for crypto in Japan 🇯🇵

Backpack 🎒离 IPO 又近了一步：前监管高层齐聚，合规布局全面启动！ 1️⃣ Backpack US 最新动作：前 SEC 代理主席 Michael Piwowar 加入董事会。 他是最早公开讨论数字资产和 ICO 监管的高层之一——对 crypto 的监管难点非常了解。 2️⃣ 更早之前，前 CFTC 代理主席 Mark Wetjen 来当总裁。 现在团队覆盖了 SEC、CFTC、DTCC 以及美国资本市场核心监管前高层。美国做加密交易所，能遇到的监管大佬基本都找齐了。 3️⃣ 过去几年太多交易所在美碰壁，不是技术不行，而是合规搞不定。Backpack 的策略：先搭合规团队，再推业务。慢，但可能是唯一可走通的路。 4️⃣ 最重要的是——Backpack 的长期目标是 IPO。 把监管框架搭好，业务稳步推进，未来上市才有底气。整个行业在讨论谁能合规进入美国市场时，Backpack 给出了最清晰的答案。

Brick by brick🧱🎒

We're excited to welcome Dr. Michael S. Piwowar to Backpack US’s Board of Directors. Dr. Piwowar served as SEC Commissioner from 2013 to 2018 and was later designated Acting Chairman of the SEC by President Trump. He was among the first senior U.S. regulators to publicly engage with the regulatory questions posed by digital assets and initial coin offerings. He currently serves as Executive Director of Georgetown University’s Psaros Center for Financial Markets and Policy, and previously served as Chief Economist for the U.S. Senate Committee on Banking, Housing, and Urban Affairs. He brings deep expertise across securities regulation, capital markets policy, market structure, and investor protection as Backpack US accelerates its U.S. expansion. With Mark Wetjen, former CFTC Commissioner & Acting Chairman, leading Backpack US as President, and Dr. Piwowar joining the board, Backpack US is building with experienced leadership across the SEC, CFTC, DTCC, and U.S. capital markets.

It's been almost 3 months since the BP TGE, and it feels like a lifetime. It's been over 3 years since we started the exchange, and it feels like a lifetime. From the beginning, we've taken a different path from just about every new entrant this cycle. It's been a long path. It's been a hard path. But it's the path we needed to take to build a modern financial institution for the future of money. With every day that passes, we inch a little bit closer. It's not just about crypto. It's not just about stocks. It's not just about trading. It's not just about perps. It's about doing the hard things in the real world that few are willing to do to, and for which there is no short cut. It's only when you do those things can you genuinely merge the crypto economy with the traditional economy--not just in one country, but for the entire world. It's easy to say. It's hard to do. It takes years, decades, to make any progress. Heck, we moved to Japan over three years ago so that we could get a bank account and legally serve the market. But we are happy to build this business not in one cycle, because we will build it over a lifetime. As we rollout Backpack Securities, we begin a multi-month release cycle of hitting milestones that have been years in the making, and we couldn't be more excited to share them with the world. Today, Backpack is your brokerage, your exchange, and your wallet. It's the result of a global team pouring their hearts into the product, through the good, through the bad, and never yielding. Every day, we push forward. Brick by brick, and I hope you love this brick as much as I do. 🧱

Public Beta is live. Trade real US stocks and ETFs alongside crypto, perps, and yield, all within one account. Real ownership under New York law. Cash dividends, brokerage transfers, and corporate actions rolling out during Public Beta. 24/5. Instant execution. Traditional market liquidity. No fees in June: backpack.exchange/stocks

🎒【백팩 AMA 후기 요약】 백팩 AMA 들어가서 더 존버력 상승하게됨 전 CFTC 위원장 직무대행이 백팩 US 사장임 CFTC가 뭔지 모르면 → 미국 선물·파생상품 규제하는 기관 그 수장이 백팩으로 왔음 🫠 그리고 공동 창업자 캔 선 전 FTX 최고법률책임자 코인베이스 IPO 법무팀 핵심 멤버 예일 법대 프린스턴 박사 이 두 명이 한 팀임 근데 이게 왜 대단하냐면 규제를 피하는 게 아니라 규제를 직접 설계한 사람들이 규제 다 맞춰가면서 거래소 만드는 중임 미국 라이선스, CFTC 파생상품 등록, SEC 태스크포스 직접 면담 이미 두바이 VARA, 유럽 MiFID II도 다 확보함 다른 거래소들이 규제 피해 다닐 때 백팩은 규제 해자 쌓고 있음 이게 진짜 기관 돈이 들어올 수 있는 구조임 단순 크립토 레일을 넘어 전통 금융으로 가는 길, 마치 우물 속 개구리가 우물 밖 세상으로 나가는 것과 같음 지금 하락에 속지마!!! 10불미만 바겐 세일 구간!

<@Backpack 이제 시작인 이유> BP가 4일 만에 100% 넘게 올랐다. 보통 이 정도 오르면 “이미 늦었다”는 말이 먼저 나오는데, 나는 오히려 이제 시장이 Backpack Securities의 의미를 다시 보기 시작한 구간이라고 생각한다. 오늘 오전 CEX transparency 기준 Backpack 24h inflow는 $62.42M. 단순히 차트만 오른 게 아니라 실제 유입도 붙고 있다.여기에 오늘은 전 CFTC acting chair Mark Wetjen이 참여하는 중국 AMA도 열린다. TGE 이후 중국 쪽 BP 수요는 거의 죽어 있었다고 봐도 무방했다. 하지만 중국은 여전히 큰 크립토 수요가 나올 수 있는 시장이다. AMA 하나로 모두가 돌아오지는 않겠지만, 죽어 있던 관심을 다시 여는 계기는 될 수 있다. 핵심은 단순히 “Backpack에서 주식 거래 가능”이 아니다. Backpack Securities가 말하는 구조는 다음 세 가지다. 1.실제 주식 소유권, 2.온체인 토큰화, 3.크립토와 주식을 하나의 자본 구조로 연결하는 unified margin 크립토 유저들이 단순 주식 CFD나 가짜 주식 노출이 아니라, 실제 소유권이 연결된 온체인 주식의 가치를 이해하기 시작하면 수급은 완전히 달라질 수 있다. 지금은 아직 stock베타 사용감과 기대감만으로 4일간 100% 이상 움직였다. 그런데 실제로 주식이 Backpack 안에서 크립토와 함께 담보로 쓰이고, 거래되고, 온체인으로 이동할 수 있게 된다면? 이건 단순 거래소 내러티브가 아니라, 주식과 크립토가 한 계좌 안에서 만나는 새로운 시장 구조에 가깝다. BP는 그동안 BTC 하락장에 같이 눌리면서 심하게 저평가되어 있었다고 본다. 그런데 지금은 다르다. BTC가 흔들려도 BP는 버티고, inflow가 들어오고, Securities 내러티브가 실제 제품으로 이어지고 있다.4일간 100% 올랐다고 끝난 그림이라기보다, 시장이 이제야 Backpack을 다시 평가하기 시작한 구간일 수 있다. 진짜 상승은 새로운 유저들이 진짜주식사서 크립토와함께 마진플레이를 하려고 BP사러 달려올때, 그리고 그런 핫한 BP를 상장하기위해 거래소들이 들어와 물량을 긁어 갈때 시작한다.65프로 이상 staking돼있고 fdv가 이제 겨우 314m이다. 단기 급등신경쓸게 아니고 진짜 말도 안되는 저평가다. 나중에 HYPE 때보다 더 큰 FOMO를 느끼고 싶지 않다면, BP는 지금 다시 진지하게 봐야 한다고 생각한다. <Backpack이 이제 시작인 이유>

Don't blame yourself if you didn't get a chance to buy the Backpack token when it was sitting at around $130m fdv for months. Do the research, try using the product, and follow the news. Soon, you will realize that we're still extremely early. Obviously, it won't go up in a straight line but I'm fairly confident that this will be one of the best performing crypto assets in the next two years.

Token wrappers? Or the real deal? Do you get dividends? Do you get the lowest tax rate? Are the stocks really in your name? Don't settle for wrappers. Trade the real deal.

Not what we’re doing. The tokenization models you described (excluding superstate) are great, but they are insufficient by themselves, because you don’t actually own the security entitlement. Statutory rights do not apply to you the holder. You pay too many taxes （in your case double which is just absurd). Ultimately if you buy USA stocks, you want USA law. You need to subject yourself to USA courts. The IRS. All sorts of things. Most non USA companies don’t want to do that. Hence why they end up building an incomplete product. So what is Backpack doing? You’ll see soon. Long story short, these issues won’t apply to us. You’ll actually own the stock. IBKR/Robinhood style. You will have the correct tax rate. And the legal substance you would expect in a traditional stock product without gimmicks.

With the CFTC putting the full force of law behind regulated perps, with the SEC bringing securities onchain, with the biggest IPO in history about to pop, get ready, because it's time to go.

인범이 11 개월전 한국 주식 확신의 롱자리 PICK 을 선언했던 적이 있음 당시 가격은 LG전자 72000 원 삼성전자 60000 원 이 픽을 마지막으로 해외로 떠남 ㄷㄷ

This is why I believe Backpack presents the most compelling opportunity in the crypto space right now.

BACKPACK TGE 후 시나리오 스포합니다. (뇌피셜) 1. BP tge 후 반응 예상 정적 후 파머들,에드 헌터들 물량으로 위아래 큰 변동줌. 2.잠시후 커뮤니티 흔들리지 않고 호들 → 천천히 우상향 3. 뒤늦은 FOMO 매수 유입 -> 중간에 다른 거래소 쪽에서 루머/약한 FUD 한 번 와서 가격 흔들림. 4. “알트가 역시 그렇지” 하면서 숏치거나 욕함 -> Believer들 매도 물량 꽉잠그고 천천히 매수 숏스퀴즈로 이말올 후 다시 추세 이어감. 5. 결국 남의 거래소 유저들 (아무것도 모르면서) 저거 또 작전친다며 10불갈때까지 못삼. 6개월후 "미쳤다..미쳤다.. 살껄 샀어야 됐는데, CEO 보고 사라했자나, tokenomics봤을떄 알아봤어야하는데.." 껄무새 FOMO max옴. BP after TGE, I think it goes like this: 1. weak hand -Farmers: “sell” → chart: chaos 2. Community: “hold” → chart: grind up 3. Rumors/FUD: one shake → CT: “alts are trash” shorts 4. Believers: tighten supply buy dips → uptrend continues 5. Others: “rigged” (until $10) → 6 months later: “ok this is insane” FOMO MAX: "I should have bought BP."

In the Backpack tokenomics, we have one guiding principle. - Insiders "dumping on retail" should be impossible: no founder, executive, employee, or venture investor should receive wealth from the token until the product hits escape velocity. Of course it begs the question, what does it mean to "hit escape velocity". Every project is different, and it's impossible to generalize. For Backpack, the answer is clear: we want to IPO in the USA. Going public might happen quickly, it might happen not so quickly, and in fact, it might not happen at all. In any case, we're going for it. But before going public, we have to grow--a lot. The odd thing about Backpack's growth over the past year--and in fact one of the things that makes Backpack so different from basically every token project in crypto--is that, today, Backpack Exchange only serves about 48% of the world. We've been very slow, very intentional about opening up our product to the world, ensuring that we have every "i" dotted and ever "t" crossed as a regulated financial institution. Growth that sometimes feels like running with a parachute, but we are happy to take the long path, because it's precisely that parachute that will allow us to fly. For those that don't know us, the reason for this is simple. Backpack is trying to not only build great crypto products, but we're also trying to build great TradFi products. We're trying to not only give our users access to every crypto asset, every blockchain, and every decentralized application, but we're also getting banking rails around the world, USD client money accounts in the USA, EUR in the EU, JPY in Japan--every currency on every major payment network you can imagine. We're trying to build a great securities product, whether that's getting access to your favorite stocks in a traditional brokerage or bidding on primary shares of a company about to go public on NASDAQ. We want to serve not only retail users worldwide, but we want to serve regulated products for regulated counterparties and regulated institutions around the world. All of this takes an enormous amount of time, effort, blood, sweat, and tears. We've been working on this for over three years at this point, laying an international foundation for the company and for the product slowly but surely, brick by brick. If we're lucky, we'll spend a lifetime. What this all means is that, in the most literal sense--and I know this sounds silly--we're just getting started. We still have half the world to open up into. We still have some of our most exciting products to launch. And this leads to our next guiding principle in our tokenomics. - Liquid tokens should exclusively go to users, fueling growth triggered by key product milestones. Every time we open up a new region, every time we launch a new product, that's an opportunity to grow. Open up EU => grow. Open up Japan => grow. Open up the USA => grow. Open up predictions => grow. Open up stocks => grow. Open up card => grow. Like gasoline onto a fire, the token serves to continuously kickstart new markets in the same way points kickstarted Seasons 1-4. With every growth lever we pull, tokens unlock in a predictable way to users, bringing in a new wave of token holders, growing the community, and allowing the product to soar to new heights. The objective constraint for this to work is precise: the value of added growth created by new token unlocks must always be greater than the dilution of those unlocks. As long as that condition holds, we can continue to unlock tokens direct to our most active users, growing along the way. Last but not least is the question: Ok so if all the liquid tokens are going to users, then what about the team? How exactly do you remain incentive aligned while ensuring the team cannot unlock, dump on retail, and become enormously wealthy without building something great? And the answer is simple: not a single founder, executive, team member, or venture investor has been given a direct token allocation. The entire "team allocation" sits in a "corporate treasury", i.e. on the balance sheet of the Backpack company--locked until at least one year post IPO. The team owns equity in the company, and the company owns a large percent of the token supply. It's not until the company goes public (or has some other type of equity exit event), that the team can earn any wealth from the project. It's not until the company has access to the largest, most liquid capital markets in the world by going public--and it's not until the company has done all the hard work to earn access to those markets--that the team can reap the rewards of the value created by the Backpack community from now until then. We either go big, or we go home.