Sunrise Brings Tokenized Meta Stocks to Backpack on Solana

Sunrise—a liquidity protocol built on the Solana blockchain—has officially announced the listing of tokenized Meta (META) stock, issued by Backpack Securities. This marks the latest in a series of U.S. equity tokenization initiatives already live on Solana between the two parties, which include tokenized shares of SpaceX (SPCX), Micron Technology (MU), Moderna (MRNA), and Nike (NKE). Under this collaboration, Backpack Securities is responsible for issuing and custodial services, while Sunrise leads the listing process and provides liquidity support on Solana. All tokenized equities are fully backed 1:1 by the underlying real shares held in custody, and token holders are entitled to all economic rights associated with the underlying securities—including dividends—and may exercise those rights through Backpack Securities.