Pump.fun Expands Platform with Tokenised Stock Trading on Solana
Pump.fun has expanded its platform to allow users to trade custom tokens against tokenized stocks and other assets on Solana. This new feature, called Custom Pairs, lets creators use assets like Nvidia and Tesla stock tokens instead of SOL or stablecoins.
The Custom Pairs feature supports 93 assets through xStocks and Sunrise, including 20 new stock tokens issued by Backpack Securities. These tokens can be redeemed 1:1 for the underlying shares and transferred to traditional brokerages.
Half of all revenue generated from Custom Pairs will flow into a PUMP buyback-and-burn contract, linking the programme's value to continued trading activity.