GoPro Joins Blockchain Roster with Tokenized Stock Offering

Tokenized shares of GoPro are now available on the Solana blockchain through the Sunrise platform by Backpack Securities. This means that crypto investors can trade GoPro stock 24/7 without a traditional brokerage, allowing for use in DeFi and decentralized exchanges.

The tokenization is backed 1:1 by actual shares, allowing holders to benefit from the same rights and benefits as traditional shareholders. However, investors should be cautious not to confuse this with an unrelated community token of the same name on Solana.

Backpack Securities has also tokenized other equities like SpaceX, Micron, and Moderna, expanding on-chain stock options.