{"id":"1794108208542-tech-segment","slug":"apple-and-tesla-now-trade-on-solana","title":"Apple and Tesla now trade on Solana","summary":"In late October 2026, tokenized versions of all seven Magnificent Seven stocks — AAPL, AMZN, GOOGL, META, MSFT, NVDA and TSLA — were listed on Solana through Sunrise and issued by Backpack Securities. The tokens are designed to be redeemable 1:1 for the underlying shares and trade 24/7, including when traditional U.S. stock markets are closed. Backpack cited more than $105 million in 24-hour trading volume on Sunday, Oct. 26, while U.S. markets were closed. Sunrise's token pages block users in the United States and Canada.\n\nThe listing is part of a broader push to put tokenized equities on crypto rails, offering round-the-clock access to major stocks without waiting for traditional market hours. Redemption runs through Backpack, which requires eligible, verified accounts, and the legal structure differs from holding shares in a standard brokerage account.\n\nBy late October 2026, all seven Magnificent Seven stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — were listed on Solana as tokenized equities issued by Backpack Securities and live via Sunrise.","publishedAt":"2026-11-08T03:23:28.542Z","channel":{"id":"tech","name":"Oncast Tech","language":"en"},"show":"Tech Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: By late October 2026, all seven Magnificent Seven stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — were listed on Solana as tokenized equities issued by Backpack Securities and live via Sunrise.\nSource: [solanahub.de](https://solanahub.de/en/news/backpack-googl-msft-solana/), [cb-terminal.dev](https://cb-terminal.dev/ja/topic/a386d64e-6268-4869-afc4-bf4087e64ef (https://x.com/MeteoraEco/status/2117920299459235859)","claims":[{"verdict":"TRUE","summary":"By late October 2026, all seven Magnificent Seven stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — were listed on Solana as tokenized equities issued by Backpack Securities and live via Sunrise.","sourceName":"[solanahub.de](https://solanahub.de/en/news/backpack-googl-msft-solana/), [cb-terminal.dev](https://cb-terminal.dev/ja/topic/a386d64e-6268-4869-afc4-bf4087e64ef","sourceUrl":"https://x.com/MeteoraEco/status/2117920299459235859","claim":"the magnificent 7, now magnificently onchain. apple, amazon, alphabet, meta, microsoft, nvidia & tesla. all issued by @Backpack securities & live on solana via @sunrise. launch any asset on solana: https://t.co/h6IlFKxyfO https://t.co/VjT1VDWmRk","author":"Meteora Ecosystem (@MeteoraEco)"}]},"sources":[{"url":"https://x.com/MeteoraEco/status/2117920299459235859","name":"[solanahub.de](https://solanahub.de/en/news/backpack-googl-msft-solana/), [cb-terminal.dev](https://cb-terminal.dev/ja/topic/a386d64e-6268-4869-afc4-bf4087e64ef","kind":"x","verdict":"TRUE","author":"Meteora Ecosystem (@MeteoraEco)"}],"url":"https://oncast.fm/story/1794108208542-tech-segment-apple-and-tesla-now-trade-on-solana","listenUrl":"https://oncast.fm/c/tech","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794108208542-tech-segment-apple-and-tesla-now-trade-on-solana","cite":"Cite https://oncast.fm/story/1794108208542-tech-segment-apple-and-tesla-now-trade-on-solana and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Chris","text":"Apple, Amazon, Tesla — the whole Magnificent Seven is now trading on a blockchain."},{"host":"Matilda","text":"Trading, or crypto tokens dressed up like stock exposure?"},{"host":"Chris","text":"That’s the fight. Meteora Ecosystem posted on X: “the magnificent 7, now magnificently onchain.”"},{"host":"Matilda","text":"I saw the fine print. These are tokenized shares issued by Backpack Securities."},{"host":"Chris","text":"Right. Live on Solana through Sunrise."},{"host":"Matilda","text":"All seven — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, Tesla — redeemable one-for-one, in theory."},{"host":"Chris","text":"And tradable twenty-four-seven. Regular investors are locked out of after-hours moves."},{"host":"Matilda","text":"I don’t hate access. I hate people thinking they own Apple when they own a token from one issuer."},{"host":"Chris","text":"But the product is built to be redeemable one-for-one. It’s a bridge, not a casino."},{"host":"Matilda","text":"Except it is not SIPC-insured. Redemption runs through a verified Backpack account."},{"host":"Chris","text":"That’s early-market custody risk. Coinbase had the same."},{"host":"Matilda","text":"Coinbase was infrastructure for a new asset. This is a synthetic version of a regulated security."},{"host":"Chris","text":"And that’s why it matters. It trades around the clock."},{"host":"Matilda","text":"Backpack says a large amount of money moved while U.S. markets were closed."},{"host":"Chris","text":"That’s demand. If the market moves while you sleep, now you can act."},{"host":"Matilda","text":"People in the U.S. and Canada are blocked from Sunrise’s token pages!"},{"host":"Chris","text":"For now, because securities law hasn’t caught up. The tech is live."},{"host":"Matilda","text":"Demand for round-the-clock risk? Not always healthy."},{"host":"Chris","text":"Spoken like someone who’s never wanted to close a trade at two a.m."},{"host":"Matilda","text":"I’d rather sleep than chase a synthetic Apple token on Solana."},{"host":"Chris","text":"Old finance just got a working bridge to crypto rails. That’s real."},{"host":"Matilda","text":"It’s real if redemption works at scale and courts treat these as securities. Both are open."},{"host":"Chris","text":"I’ll give you the open questions. The attempt still matters more than the warning labels."},{"host":"Chris","text":"Different corner: a post on X from an account called CEO Interviews."},{"host":"Matilda","text":"Already a red flag — random account, no named source."},{"host":"Chris","text":"They claim Bill Ackman said total return swaps brought back pre-Depression ninety-five percent leverage."},{"host":"Matilda","text":"Treat that as a claim, not fact. No named outlet has the quote."},{"host":"Chris","text":"They also say Pershing bought Microsoft, Amazon, Meta and Google on the swings."},{"host":"Matilda","text":"Also unverified. But the idea is worth pushing on."},{"host":"Chris","text":"Total return swaps let funds get huge exposure without public ownership."},{"host":"Matilda","text":"Fine, but that’s not 1920s uncapped margin. We have clearing, margin rules, stress tests."},{"host":"Chris","text":"And in 2008 those protections still let swaps hide risk off balance sheets."},{"host":"Matilda","text":"After 2008, swaps moved to central clearing. Saying we’re back to ninety-five percent leverage is a slogan, not analysis."},{"host":"Chris","text":"Maybe the number is off, but leverage is drifting into less transparent places."},{"host":"Matilda","text":"That’s my worry too. I just don’t need a viral quote to say it."},{"host":"Chris","text":"Fair. The tool is real; the quote is unverified."},{"host":"Matilda","text":"And if Pershing did buy those names on dips, that’s value investing, not scandal."},{"host":"Chris","text":"Now you’re defending Ackman after slamming the post?"},{"host":"Matilda","text":"I’m defending a boring explanation over a viral one."},{"host":"Matilda","text":"And one more from the regulatory side. Cullen International, a consultancy, posted on X."},{"host":"Chris","text":"Let me guess: Europe fines American tech again."},{"host":"Matilda","text":"They claim more than sixty antitrust cases against Amazon, Apple, Google, Meta and Microsoft."},{"host":"Chris","text":"They also claim nearly fifty ended in infringement or concessions, with sixteen pending."},{"host":"Matilda","text":"Those exact tallies are unverified, but the direction is real."},{"host":"Chris","text":"And that’s the problem. By the time a case closes, the market has moved on."},{"host":"Matilda","text":"Some cases changed real behavior — app store fees, browser choices."},{"host":"Chris","text":"They changed European products for users everywhere, including people who didn’t ask."},{"host":"Matilda","text":"That’s called regulation, Chris."},{"host":"Chris","text":"I call it a tax on American tech. Europe can’t build its own giants, so it fines ours."},{"host":"Matilda","text":"The numbers are disputed, but the pattern isn’t conspiracy. These companies have real market power."},{"host":"Chris","text":"We’re not going to settle this one."},{"host":"Matilda","text":"Either way, the fight is moving from courts to code."}]}