Backpack has become the world's first centralized Crypto Assets trading platform to support native on-chain trading of SEC registered stocks.

BlockBeats news, on October 15, according to official news, Backpack (Backpack.exchange) will become the first centralized crypto exchange to support native on-chain stocks—allowing traders to simultaneously trade publicly listed company stocks, crypto assets, and stablecoins on the same platform. Fintech company Superstate announced today a partnership with global centralized crypto exchange Backpack to introduce native tokenized listed stocks into a centralized trading environment for the first time. This collaboration integrates Superstate's on-chain stock platform Opening Bell into the Backpack trading platform, enabling Backpack users to trade SEC-registered listed company stocks—rather than tokenized wrapped assets—just like trading and cross-margining operations for crypto assets and stablecoins. These stocks are led by the issuer and have the same CUSIP numbers 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 along with potential dividends and voting rights, while also laying the groundwork for future DeFi interoperability through the Backpack Wallet.