Tokenized Intel goes live on Solana via Backpack Securities
Intel stock just got the blockchain treatment. Backpack Securities has launched a tokenized version of $INTC on Solana through its Sunrise tokenization protocol, making the chipmaker’s equity tradable around the clock on decentralized exchanges.
The move adds Intel to a growing roster of traditional stocks that now live natively on Solana, a list that already includes SpaceX ($SPCX), Micron ($MU), and Robinhood ($HOODx).
What the tokenized Intel offering actually looks like
Each tokenized INTC token represents a 1:1 claim on an underlying Intel share. Those shares are held in custody and the tokens are structured to be eligible for corporate actions under New York’s UCC Article 8. If Intel pays a dividend or does a stock split, token holders aren’t left out in the cold.
The tokens trade on Raydium, Solana’s largest decentralized exchange. Early trading data shows a total supply of approximately 6,151 tokenized INTC tokens, with the underlying Intel shares priced around $103 to $104 per share.
Daily trading volume for the tokenized INTC sits at roughly $14.6K, with liquidity of about $199K.
Backpack’s bigger play in tokenized equities
Backpack Securities, founded by former FTX employees, has been building toward this moment since launching the Sunrise protocol in June 2026. The platform lets users exchange regulated securities for native Solana tokens, bridging traditional brokerage accounts and DeFi.
Total tokenized securities volume on Backpack has reached approximately $1.5B monthly. Daily trading highs for platform-wide tokenized equities exceeded $187M in mid-June.
The SpaceX token has been a particular standout. SpaceX doesn’t trade on public markets, so tokenization gives retail investors access to something they couldn’t buy before. Intel, by contrast, is available on every brokerage app. The value proposition is different: it’s about composability and 24/7 access rather than exclusivity.
Why this matters for the RWA tokenization market
Backpack has structured these tokens under established securities frameworks, giving them a different legal footing than the synthetic stock tokens that Binance and FTX experimented with in 2021 before regulators shut them down. The UCC Article 8 compliance is specifically designed to ensure token holders have the same legal protections as traditional shareholders.
The $1.5B monthly volume across Backpack’s tokenized equities platform suggests genuine market demand. That volume figure puts the platform in the conversation with some mid-tier centralized exchanges.
Smart contract risk and platform risk layer on top of normal equity market risk. A $199K liquidity pool for Intel is fine for retail experimentation, but it’s a rounding error for any fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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