Backpack Securities Lists Tokenized Intel ($INTC) on Solana via Sunrise, Ahead of Q2 Earnings
Backpack Securities has issued $INTC on Solana via Sunrise — 6,151 Intel tokens backed 1:1, UCC Article 8 compliant, trading 24/7 on Raydium and Jupiter.
Backpack has added Intel to its roster of tokenized US equities on Solana. As of July 21, INTC is live and trading through Sunrise, the tokenization protocol Backpack launched in June 2026. The listing arrives three days before Intel's Q2 2026 earnings release, giving on-chain traders continuous access through the announcement window and beyond.
How Backpack's $INTC Token Is Structured
Each token represents a 1:1 claim on a real Intel share held in custody. The issuance complies with New York's Uniform Commercial Code Article 8, which makes tokens eligible for corporate actions including dividends and stock splits, placing holders on equivalent legal footing with shareholders in traditional brokerage accounts, according to CryptoBriefing. The total supply at launch is 6,151 tokens, each tracking Intel's share price at roughly $104, per CryptoBriefing.
That legal structure marks a break from earlier tokenized-equity programs at Binance and FTX, both shut down by regulators. Sunrise builds its tokens under established securities frameworks rather than a synthetic construct, giving holders defined rights rather than an approximation.
Where $INTC Trades and Early Volume
The official Solana announcement listed nine venues at launch: Raydium RAY$0.714+1.0%, Jupiter JUP$0.199+0.6% Mobile, Phantom, DFlow, Titan Exchange, Archer Exchange, Kamino, Mayan, and FOMO. The liquidity pool opened at roughly $199K, per CryptoBriefing. In its first six hours of active trading, $INTC logged approximately $131K in volume across 1,547 trades from 91 unique wallets, per Solana Compass token data.
The 24/7 availability is particularly relevant ahead of Thursday's Q2 earnings. On-chain holders can trade through Intel's post-earnings reaction period, overnight, and across the following weekend. Those windows are unavailable to holders of the underlying stock through traditional brokerages.
Backpack's Expanding Token Roster
Intel joins a Sunrise-issued lineup that already includes SpaceX (SPCX), Micron ($MU), Robinhood ($HOODx), and SanDisk ($SNDK). The platform has processed roughly $1.5B in monthly tokenized securities volume, with single-day highs exceeding $187M in mid-June, according to CryptoBriefing. Solana accounts for 95% of on-chain equity volume across blockchains, per the rwa.xyz analytics dashboard launched yesterday. The Intel listing adds a chip-sector blue-chip to the growing set of US equities tradeable on-chain.
Comments
Please login to leave a comment.
Contents
Related Content
Building a Next Gen Crypto Exchange on Solana (w/ Armani, Backpack Exchange) - Solfate Podcast #41
From FTX To Next-Gen CEX - Armani Ferrante (Backpack)
SanDisk Joins Solana's Tokenized Equity Roster as Sunrise and Backpack Launch $SNDK
Backpack Securities Drops Stock Trading Fees to Zero Through July as Brokerage Platform Accelerates
Backpack Ships Dividends Tab, USDT0 Deposits via Tempo, and Light Mode in Single-Day Product Sprint
Tokenized Assets Flip Memecoins in Solana Spot Volume as Daily Equity Trading Hits $644M All-Time High
Micron Tokenized Shares Go Live on Solana Two Days Before Fiscal Q3 Earnings
Backpack Securities Adds Popular Portfolios, Earnings Calendar, and Insider
Roundhill's $DRAM Memory Chip ETF Token Goes Live on Solana via Backpack Securities and SunriseDeFi
Backpack Securities Tokenizes Robinhood Stock on Solana, HOODx Live on Jupiter and Raydium
Building a Crypto Exchange in Japan with Armani
SK Hynix's Record Nasdaq Listing Lands on Solana on Day One, Tokenized by xStocks, Backpack Securities, and Ondo
Why Crypto Wallets Are Broken | Armani Ferrante
Breakpoint 2023: Backpack | X
What Crypto Wallets Get Wrong | Armani Ferrante
Latest news
Huma Finance's PST Crosses $200M Market Cap, a Top-3 Yield-Bearing Asset on Solana
Backpack Securities Lists Tokenized Intel ($INTC) on Solana via Sunrise, Ahead of Q2 Earnings
Ramp Opens Stablecoin Accounts to All 70,000+ Business Customers, with Solana Among Seven Supported Networks
Solana Mobile Launches Seeker Summer Round 2 with Moonwalk Fitness Step-to-Earn
Solana Q2 2026 Tokenized Asset Trading Hits $5.8B, Sixth Consecutive Quarterly Record
Helium and GEODNET Lead Solana's DePIN Sector in Fee Generation
White House Agrees on CLARITY Act Ethics Deal, Sharing Terms with Senate Republicans
Solana Validators Must Register BLS Pubkey Before VAT Feature Gate Activates This Week
rwa.xyz Launches Tokenized Stock Analytics Dashboard as Solana Captures 95% of On-Chain Equity Volume
Solana Stablecoin Market Cap Crosses $15 Billion as Alternative Supply Hits All-Time High
Solana Token Markets
