Key Highlights
- Solana added 20 additional U.S. stocks via Sunrise and Backpack Securities, including Boeing, Alibaba, Costco, Roblox, and Pfizer.
- Tokenized equities on Backpack Securities operate on a 1:1 backing model between tokens and underlying traditional securities.
- Solana’s tokenized equity supply reached a record $465 million, driven by 24/7 trading access and over 190,000 asset holders.
- The initiative underscores Solana’s growing push to integrate real-world financial assets (RWA) and conventional equities into Web3 infrastructure.
Solana has added 20 more U.S. stocks through Sunrise, with the tokenized equities issued by Backpack Securities, expanding the range of traditional companies that can trade through Solana’s blockchain infrastructure.
The latest rollout includes familiar names such as Boeing, Alibaba, Webull, Costco, Dell, Trump Media, Hims & Hers, IBM, Johnson & Johnson, Lockheed Martin, Lululemon, MGM Resorts, Pfizer, Quantum Computing, Roblox, Reddit, Rivian, Shopify, Snap and UPS.
The announcement marks another step in Solana’s rapidly expanding real-world asset and tokenized-equity market, where traditional securities are being represented onchain and made available through crypto-native infrastructure.
20 More Stocks Come to Solana
The new listings were announced by Sunrise, which said the stocks were launched on Solana and issued by Backpack Securities.
The 20-stock expansion includes companies from several different industries. Technology and consumer names sit alongside healthcare, transportation, financial services, retail and industrial businesses.
The broader selection is significant because it gives users access to a wider range of traditional equity exposure through blockchain-based infrastructure instead of limiting tokenized stocks to a small group of technology companies.
The latest additions include $BA for Boeing, $BABA for Alibaba, $COST for Costco, $DELL for Dell, $IBM for IBM, $JNJ for Johnson & Johnson, $LMT for Lockheed Martin, $PFE for Pfizer, $RBLX for Roblox, $SHOP for Shopify and $UPS for UPS, among others.
The complete launch was presented as a collaboration between Sunrise, Solana and Backpack Securities.
How the Tokenized Stock Model Works
Backpack Securities is responsible for the securities and issuance side of the operation, while Sunrise provides the infrastructure for bringing those assets onto Solana and supporting their onchain markets.
Backpack Securities describes its platform as a combination of traditional brokerage infrastructure and blockchain-based distribution. Its model is designed to connect conventional securities ownership with tokenized assets that can move through blockchain networks.
This distinction is important.
Tokenized equities are not simply cryptocurrency tokens designed to imitate stock prices. Depending on the product and issuer, the tokens can represent security entitlements backed by underlying traditional assets.
Solana’s own documentation on the sector notes that Backpack’s tokenized securities use a 1:1 conversion model between the tokenized security and the corresponding traditional security entitlement.
That structure creates a bridge between conventional financial markets and blockchain-based trading environments.
Solana’s Tokenized Equity Market Is Growing
The latest 20-stock expansion comes after several months of rapid development in Solana’s tokenization ecosystem.
Sunrise first gained major attention after bringing tokenized SpaceX equity onto Solana when SpaceX began trading publicly. Solana said the tokenized SpaceX product generated more than $50 million in onchain volume during its first 24 hours across dozens of markets.
The ecosystem has continued expanding since then.
Solana’s August ecosystem report said tokenized equity supply on the network reached a weekly record of approximately $465 million. It also reported that xStocks had surpassed 190,000 holders and $500 million in assets under management across more than 700 tokenized stocks and ETFs.
That growth shows that tokenized equities are becoming a meaningful part of Solana’s real-world asset strategy rather than remaining a small experimental category.
Why 24/7 Stock Markets Matter
One of the biggest differences between traditional equities and blockchain-based markets is trading infrastructure.
Traditional U.S. stock markets operate according to defined exchange hours, while blockchain networks operate continuously.
That creates the possibility of 24/7 access to tokenized securities, subject to the rules and availability of the specific product.
Backpack has already opened 24/7 trading for selected U.S. equities, while Sunrise provides a route for tokenized assets to become available across Solana’s broader ecosystem.
The result is a financial market where stocks can potentially interact with wallets, decentralized exchanges and other blockchain applications instead of remaining isolated within conventional brokerage systems.
What Happens Next?
The latest 20-stock launch strengthens Solana’s position in the growing tokenized-assets market, but the next challenge is liquidity and sustained demand.
Adding recognizable companies can attract attention, but successful tokenized markets require sufficient trading activity, reliable custody, redemption mechanisms and regulatory compliance.
Those factors will determine whether tokenized stocks become a permanent part of blockchain-based finance or remain a niche product.
For Solana, the direction is becoming increasingly clear. The network is not only being used for crypto-native assets. It is also becoming infrastructure for bringing stocks, commodities and other real-world assets onchain.
With another 20 U.S. stocks now live through Sunrise and Backpack Securities, Solana’s tokenization push is moving into a broader phase, bringing traditional equity markets closer to the blockchain ecosystem.