Backpack launches tokenized BlackRock shares $BLK on Solana

Solana: Solana is a high-throughput blockchain optimized for decentralized finance and real-world asset applications. It provides the infrastructure for seamless trading and integration of tokenized equities. The $BLK token from Backpack Securities went live on Solana through Sunrise and is now trading on Raydium with pairs supported by LaunchOnSF and Pumpfun. Pumpfun: Pumpfun is a prominent Solana-based platform for launching and trading memecoins and other assets with integrated liquidity mechanisms. It extends support to tokenized equity pairs in the current ecosystem. $BLK pairs are now available via Pumpfun as part of the launch. Raydium: Raydium is a leading decentralized exchange on Solana offering AMM and concentrated liquidity pools for spot trading. It has integrated tokenized stock trading, including support for new equity pairs. The $BLK token pairs are now live and trading on Raydium following the Sunrise launch. Sunrise: Sunrise functions as Solana’s asset gateway, coordinating launches of tokens, RWAs, and tokenized equities to deliver immediate liquidity and ecosystem-wide distribution. It partners specifically with Backpack Securities to bring tokenized stocks onchain with native market access from day one. The tokenized BlackRock $BLK was launched on Solana via Sunrise. Backpack: Backpack operates a cryptocurrency exchange and wallet platform that has expanded into regulated securities through its Backpack Securities arm. The platform enables eligible users to convert traditional brokerage holdings into tokenized versions on Solana for onchain trading and utility. In this development, Backpack Securities issued the tokenized $BLK representing BlackRock shares, launching it live on Solana via Sunrise for trading on Raydium and other venues. BlackRock: BlackRock is the world's largest asset manager with ongoing initiatives to tokenize its investment products across multiple blockchains. It supports equity and fund tokenization efforts through partnerships that bridge traditional securities infrastructure with onchain ecosystems. The news features a tokenized version of its own shares ($BLK) now available via Backpack Securities on Solana. LaunchOnSF: LaunchOnSF runs launchpad platforms like StonkFun on Solana focused on permissionless token creation and trading pairs, including those involving tokenized assets. It integrates with Raydium infrastructure to enable flexible pairings. The news notes $BLK trading pairs supported through LaunchOnSF. DEX Liquidity for RWAs: Leading Solana decentralized exchanges including Raydium have integrated trading for tokenized stocks, expanding liquidity options beyond traditional venues. Launchpad Ecosystem Support: Solana launch platforms such as LaunchOnSF and Pumpfun are incorporating tokenized asset pairs to broaden trading opportunities across the ecosystem. Tokenized Equities Expansion: Backpack Securities has been rolling out tokenized versions of major equities on Solana in coordination with Sunrise to enable seamless onchain access and trading.