Backpack and SK Securities partner to bring Korean equities to investors worldwide. October 29, 2026 09:30 ET | Source: Backpack * The partnership is the latest example of Backpack's rapid effort to democratize access to global equities * Combined with SK Securities' institutional Korean capital markets expertise, Backpack's global financial marketplace extends its reach to meet demand for Korean equities trading abroad SAN FRANCISCO, Oct. 29, 2026 (GLOBE NEWSWIRE) - Backpack, a global financial institution bridging crypto with traditional financial markets, today announced a strategic partnership with SK Securities Co., Ltd. (KRX: 001510), the publicly listed Korean securities firm, to expand international investor access to Korean equities and developing opportunities in tokenized securities and real-world assets (RWAs). Backpack and SK Securities will bring to market Korean stock trading services for eligible non-resident foreign investors through the Backpack app. "Korean equities have long been out of reach for most global investors and we're changing that. Our partnership with SK Securities reflects Backpack's core belief that the future of finance is built where regulatory rigor meets crypto-native innovation," said Armani Ferrante, Co-Founder and CEO of Backpack. "We are building the single globally regulated financial marketplace that will break the mold when it comes to who has access to what financial products, and when. We look forward to bringing Korean equities to our users worldwide and continuing to deliver an exceptional product experience." The partnership builds on Backpack's existing U.S. securities platform, which connects traditional securities ownership with blockchain-based distribution, and is emblematic of Backpack's philosophy on investor access to global capital and securities markets: bringing conventional brokerage access and blockchain-enabled financial infrastructure together within a unified platform experience. While the initial focus of the partnership is on Korean-listed equities, work between Backpack and SK Securities will create a foundation for broader collaboration across traditional and tokenized financial markets. SK Securities will contribute its capabilities in underwriting, issuance, and securities distribution, while Backpack brings its blockchain infrastructure, digital asset custody capabilities, and access to a global user base. The companies will collaborate across the lifecycle of these assets, including structuring and issuance, custody, and distribution to international investors, subject to applicable laws and regulations. The collaboration reflects a broader opportunity to connect established capital markets with blockchain-based financial infrastructure. Tokenization has the potential to introduce new models for how financial assets are represented and distributed, while drawing on existing securities expertise and market infrastructure. For Backpack, the partnership builds on its existing efforts to connect traditional ownership of securities with onchain markets. About Backpack Backpack is a crypto-native global financial institution bridging on-chain with traditional financial markets. Designed for both crypto-native and TradFi investors, Backpack aims to usher in the next generation of finance with unparalleled accessibility, utility, and compliance. The Backpack group includes a fully regulated global crypto exchange, a self-custodial wallet, as well as Backpack Securities, which combines a regulated brokerage with a complementary tokenization platform to provide investors with access to real equity ownership and blockchain-native distribution of publicly traded securities together within a single product experience. Backpack currently serves users from over 150 countries and regions with more than $450 billion in trading volume. For more information visit https://backpack.exchange/ or @Backpack on X.

Backpack Securities achieves $500M weekly volume. October 26th, 2026 Backpack Securities records $500M in weekly tokenized stock volume, exceeding xStocksFi. Here's why this matters for the market. Quick take. Summary is AI generated, newsroom reviewed. * Backpack Securities achieves $500M in weekly trading volume. * The firm outpaces rival xStocksFi in tokenized stock trading. * Community buzz suggests growing interest in tokenized stocks. Sponsored: HyperLucky - HyperLucky - Get 100 Free Spins + 150k USDT Without Wager Play Now Backpack Securities has made headlines by recording an impressive $500 million in weekly tokenized stock volume, surpassing its competitor, xStocksFi. This surge in trading activity highlights the growing interest in tokenized assets in the crypto market. The news was initially shared by the CryptoTwitter commentator @SolanaFloor, reflecting a trend that could have wider implications for the tokenized stock sector. The key development. The recent announcement regarding Backpack Securities' trading volume comes at a time when the broader crypto market is exhibiting mixed signals. Despite the lack of significant price moves, the $500 million figure indicates a robust level of interest and engagement in tokenized assets. As the market continues to evolve, this achievement positions Backpack Securities favorably against its rivals, particularly xStocksFi, which has seen less trading activity. Investors and traders are closely monitoring this development, as it suggests a potential shift in market dynamics toward increased adoption of tokenized stocks. The numbers. As of now, Backpack Securities' current price stands at $0, with no reported trading volume in the past 24 hours. This lack of volume data implies that the trading activity may not have translated into immediate market movements. However, the significant weekly volume reported suggests a strong underlying demand that could influence future price trends once liquidity increases. Backpack Securities operates in the burgeoning tokenized stock market, providing investors with access to fractional ownership in various assets through blockchain technology. This sector has gained traction as a means to democratize investment opportunities, allowing smaller investors to participate in previously inaccessible markets. The jurisdiction of Backpack Securities lies within the evolving regulatory landscape for digital assets, which continues to develop as more firms enter the space. What comes next. Traders are now watching how Backpack Securities leverages this momentum in the coming weeks. Increased engagement in tokenized stock trading could lead to potential partnerships or expansions in service offerings, while risks remain regarding regulatory scrutiny in the digital asset space. Investors should keep an eye on trading volumes and any new developments that may emerge as the market reacts to this announcement.