u/No-Jellyfish2384

▲ 8 r/CryptoExchange+2 crossposts

Backpack is the only crypto exchange invited to the DTCC tokenization working group. the other members are JPMorgan, BlackRock, Goldman Sachs and Morgan Stanley

let that sink in. not Binance. not Coinbase. not Kraken. Backpack. sitting at the same table as the biggest names in traditional finance to shape how tokenized stocks get built. this is why the stocks and IPO features aren’t just a roadmap item. the infrastructure is literally being built around Backpack right now. anyone else think this is the most underrated news in crypto this year?

reddit.com
u/No-Jellyfish2384 — 6 days ago

This is one of the most underrated Backpack features

A lot of exchanges use customer collateral to generate yield anyway. Backpack at least gives users a share back instead of keeping everything.

u/No-Jellyfish2384 — 12 days ago

DTCC is literally the plumbing of Wall Street. every stock and bond trade in the US clears through them. they just announced their tokenization service goes live October 2026 and Backpack is already in the working group. onchain stocks, IPOs, tokenized assets on Backpack is not a maybe anymore. the timeline just got very real. anyone else connecting the dots here?

u/No-Jellyfish2384 — 17 days ago

and they cover all coins including margin and unrealized PnL. not just a snapshot of the top holdings. this is what real transparency looks like.

u/No-Jellyfish2384 — 18 days ago

been setting TP/SL manually every time which gets tedious. they added one tap presets for +10%, +25%, +50%, +100% ROI on web now with inverse for SL too. small thing but saves time. staking page also got an equity calculator so you can see your actual pool share. what other small features do you guys want to see added?

reddit.com
u/No-Jellyfish2384 — 21 days ago

Wallet, exchange, lending, perps, auto lending, grid bots, onchain IPOs, prediction markets, neobank, debit card, stock trading all coming. Each update is one brick. The wall is getting big fast. Anyone else feel like most people still haven’t figured out what Backpack is actually building?

u/No-Jellyfish2384 — 26 days ago