Security
Solana Lists Backpack's HOOD Token, Redeemable 1:1 for Robinhood Shares
COINOTAG·July 21, 2026·1 min read
Backpack Exchange launched trading of HOOD, a tokenized security backed by Robinhood Markets Class A common stock, on Solana. The token, issued by Backpack Securities, is redeemable 1:1 for Robinhood shares, marking a new step in tokenized equities on Solana.
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