$TTWO Tokens Hit Solana: Take-Two Interactive Enters Tokenized Equity Market
Take-Two Interactive has become the latest major player in gaming to venture into tokenized equity, listing its $TTWO tokens on the Solana blockchain through Backpack Securities. This move allows investors to buy and sell a digital representation of the company's NASDAQ-listed shares, giving them greater flexibility and access.
The listing is set to take place on August 6, 2026, with each token backed by 1:1 underlying TTWO stock and redeemable for the real thing. This means that $TTWO tokens can be traded around the clock, transferred wallet-to-wallet, and plugged into decentralized finance applications, something a standard brokerage account cannot do.
The company's stock was trading at approximately $240 heading into the listing, with GTA VI set to launch on November 19, 2026. Take-Two's move follows in the footsteps of Backpack Securities' previous tokenization of SpaceX shares, which saw over $1B in trading volume.