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Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia.
Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments.
This milestone strengthens our ability to serve users across all 27 EU member states while upholding the trust, transparency, and regulatory standards required to connect onchain and traditional financial markets.
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Trading Trail: DRAM is live.
Trade crypto & perps to earn DRAM shares. Unlock up to $600 with the Stock Holder Bonus.
Quest: backpack.exchange/quests?id=β¦
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Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia.
Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments.
This milestone strengthens our ability to serve users across all 27 EU member states while upholding the trust, transparency, and regulatory standards required to connect onchain and traditional financial markets.
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160
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There are three main licenses in Europe covering different regulated activities:
- MiCA (crypto-asset services)
- MiFID II (investment services)
- PSD2 (payments)
Today, only a select few companies in the digital asset industry have attained any of these. Even fewer have all three.
It's been a long grind, but Iβm proud to say Backpack is one of them.
Doing this in one country is really hard. It takes a whole team, years of work, and an enormous amount of patience to get it done. Doing it in every country around the world is another thing altogether.
There's no short cut. Just years and years of relentless execution. Things that are invisible in the short term, but for which in the long term they add up.
Every day we get a little bit closer to building a truly global, crypto-native financial institution for the future of money.
Today, we're a little bit closer.
π§±π§±π§±
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Backpack π retweeted
There are three main licenses in Europe covering different regulated activities:
- MiCA (crypto-asset services)
- MiFID II (investment services)
- PSD2 (payments)
Today, only a select few companies in the digital asset industry have attained any of these. Even fewer have all three.
It's been a long grind, but Iβm proud to say Backpack is one of them.
Doing this in one country is really hard. It takes a whole team, years of work, and an enormous amount of patience to get it done. Doing it in every country around the world is another thing altogether.
There's no short cut. Just years and years of relentless execution. Things that are invisible in the short term, but for which in the long term they add up.
Every day we get a little bit closer to building a truly global, crypto-native financial institution for the future of money.
Today, we're a little bit closer.
π§±π§±π§±
Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia.
Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments.
This milestone strengthens our ability to serve users across all 27 EU member states while upholding the trust, transparency, and regulatory standards required to connect onchain and traditional financial markets.
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No fees on stock trading through July.
Weβre keeping access to US stocks frictionless as Backpack Securities accelerates, with major brokerage upgrades and more tokenized securities on the way.
Trade real stocks: backpack.exchange/stocks
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Backpack now supports stablecoin deposits and withdrawals on Tempo.
Backpack now supports @USDT0_to deposits and withdrawals on @tempo.
Tempo is built for stablecoin payments, with sub-second finality and stablecoin-native gas.
Stablecoins power funding across crypto, perps, stocks, and yield, all within one Backpack account.
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Users on @Backpack can now move USDT0 to @tempo and put it to work across a growing number of use cases for stablecoins.
Deposits, withdrawals, trading, perps, stocks, and yield all connected.
$33M USDT0 has already moved to Tempo. Now Backpack users can move with it.
Backpack now supports @USDT0_to deposits and withdrawals on @tempo.
Tempo is built for stablecoin payments, with sub-second finality and stablecoin-native gas.
Stablecoins power funding across crypto, perps, stocks, and yield, all within one Backpack account.
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Backpack Securitiesβ first tokenized ETF is now live on @Solana with @sunrise.
$DRAM: DRAMjSWR7HRfJKjRkvQWYL2bcaejaVhuxEcjf4pAY4Cw
Tracking global memory leaders like SK hynix, Samsung Electronics, and Kioxia.
Redeemable 1:1 for Roundhill Memory ETF shares and transferable to traditional brokerages.
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Trading Trail: Micron starts now πΎ
Trade crypto & perps. Earn up to $600 in Micron $MU shares with the Stock Holder Bonus.
Live now: backpack.exchange/quests?id=β¦
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JUST IN: Micron beat fiscal Q3 estimates as the AI boom fueled historic demand for memory.
Trade the reaction now on the most liquid tokenized $MU market, open 24/7 on Solana.
Issued by Backpack Securities, $MU is redeemable 1:1 for real shares and transferable to traditional brokerages. DeFi partnership with @sunrise.
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