The Defiant·Camila Russo·2d agoBullish
He Lost $14M to FTX. Now He’s Putting Real Stocks on Solana | Armani Ferrante (Backpack)
Read original on The DefiantWhat do you actually own when you buy a tokenized stock? Backpack founder Armani Ferrante breaks down the transfer agent, DTCC, SPV debt-security and Backpack models. Backpack’s version is 1:1 redeemable stock you can move between your brokerage and DeFi. Armani explains how…
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💬 Discussion: He Lost $14M to FTX. Now He’s Putting Real Stocks on Solana | Armani Ferrante (Backpack)
What do you actually own when you buy a tokenized stock? Backpack founder Armani Ferrante breaks down the transfer agent, DTCC, SPV debt-security and Backpack models. Backpack’s version is 1:1 redeemable stock you can move between your brokerage and DeFi. Armani explains how…
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