Sunrise Brings Backpack’s Tokenized Meta Shares to Solana
Sunrise is bringing Backpack's tokenized Meta shares back to Solana, reviving a product that lets users hold tokenized equity on-chain. Redemption requires an eligible, verified Backpack account, and transfers from Backpack to another brokerage are not yet supported. The relaunch is a niche product update with limited near-term price impact, though it signals continued experimentation with tokenized real-world assets on Solana.