Backpack becomes the world's first centralized cryptocurrency exchange to support on-chain native transaction SEC-registered stocks

BlockBeats News, October 15th, according to official sources, Backpack (Backpack.exchange) will become the first centralized cryptocurrency exchange to support native on-chain stocks — enabling traders to trade publicly listed company stocks, cryptocurrencies, and stablecoins on the same platform simultaneously.

Financial technology company Superstate announced today that it has partnered with the global centralized cryptocurrency exchange Backpack to introduce native tokenized listed stocks into a centralized trading environment for the first time.

This partnership will integrate Superstate's on-chain stock platform, Opening Bell, into the Backpack trading platform, allowing Backpack users to trade SEC-registered listed company stocks directly — instead of tokenized wrapped assets — similar to trading and cross-margin operations with cryptocurrencies and stablecoins.

These stocks, led by the issuer, have the same CUSIP code as stocks listed on Nasdaq or the New York Stock Exchange (NYSE) and are issued through Superstate as an SEC-registered transfer agent. This structure provides investors with direct ownership, potential dividends, and voting rights, while also laying the foundation for future DeFi interoperability through the Backpack wallet.