{"id":"1794186996371-tech-segment","slug":"magnificent-seven-stocks-now-trade-on-solana","title":"Magnificent Seven stocks now trade on Solana","summary":"Tokenized versions of all seven Magnificent Seven companies — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — have been listed on Solana via Sunrise and are issued by Backpack Securities. These are tokenized claims, not direct share holdings, and Sunrise's page data blocks the U.S. and Canada.","publishedAt":"2026-11-09T01:16:36.371Z","channel":{"id":"tech","name":"Oncast Tech","language":"en"},"show":"Tech Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: Tokenized versions of all seven Magnificent Seven companies — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — have been listed on Solana via Sunrise and are issued by Backpack Securities. These are tokenized claims, not direct share holdings, and Sunrise's page data blocks the U.S. and Canada.\nSource: [solanahub.de](https://solanahub.de/en/news/backpack-googl-msft-solana/) NAMES: Backpack Securities = issuer of tokenized equities on Solana; Sunrise = Solana t (https://x.com/MeteoraEco/status/2117920299459235859)","claims":[{"verdict":"TRUE","summary":"Tokenized versions of all seven Magnificent Seven companies — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — have been listed on Solana via Sunrise and are issued by Backpack Securities. These are tokenized claims, not direct share holdings, and Sunrise's page data blocks the U.S. and Canada.","sourceName":"[solanahub.de](https://solanahub.de/en/news/backpack-googl-msft-solana/) NAMES: Backpack Securities = issuer of tokenized equities on Solana; Sunrise = Solana t","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/) NAMES: Backpack Securities = issuer of tokenized equities on Solana; Sunrise = Solana t","kind":"x","verdict":"TRUE","author":"Meteora Ecosystem (@MeteoraEco)"}],"url":"https://oncast.fm/story/1794186996371-tech-segment-magnificent-seven-stocks-now-trade-on-solana","listenUrl":"https://oncast.fm/c/tech","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794186996371-tech-segment-magnificent-seven-stocks-now-trade-on-solana","cite":"Cite https://oncast.fm/story/1794186996371-tech-segment-magnificent-seven-stocks-now-trade-on-solana and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Matilda","text":"Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, Tesla — all seven now have tokenized versions listed on Solana."},{"host":"Chris","text":"The whole Magnificent Seven, on-chain. That is a real product."},{"host":"Matilda","text":"Meteora Ecosystem posted on X, quote, \"the magnificent 7, now magnificently onchain.\""},{"host":"Chris","text":"Issued by Backpack Securities, listed through a service called Sunrise."},{"host":"Matilda","text":"Backpack is the issuer, Sunrise the listing service. Two points of failure."},{"host":"Chris","text":"Or two different points of accountability, if the disclosures are good."},{"host":"Chris","text":"Tokenized stocks let you trade around the clock and own fractions of a share."},{"host":"Matilda","text":"And you can use them as collateral in decentralized lending. That's genuinely new."},{"host":"Chris","text":"It's composability, not just a novelty."},{"host":"Matilda","text":"Composability also means if one piece fails, the whole position can unravel."},{"host":"Matilda","text":"Here's the catch: these are not direct shares, they're tokenized claims, and Sunrise blocks the United States and Canada."},{"host":"Chris","text":"So American listeners can admire it from a distance."},{"host":"Matilda","text":"That caveat alone tells you the legal status here is not settled."},{"host":"Chris","text":"For much of the world, buying Microsoft or Nvidia directly is slow, costly, or impossible."},{"host":"Matilda","text":"But they're not buying Microsoft. They're buying an IOU from Backpack Securities."},{"host":"Chris","text":"And when you buy through a brokerage, you're buying a claim in street name. It's all IOUs."},{"host":"Matilda","text":"No, no, wait — there's a huge difference. A brokerage is regulated, insured, and has clearing behind it."},{"host":"Chris","text":"That's a legal wrapper, not a fundamental difference. The tech can be safer."},{"host":"Matilda","text":"Safer how? If Backpack blows up, what happens to your token?"},{"host":"Chris","text":"If the issuer has segregated reserves and publishes proof on-chain, you can see it in real time."},{"host":"Matilda","text":"But do we know they have that? No. The post doesn't tell you."},{"host":"Chris","text":"Which is why you look at the fine print. But one thin post isn't the whole model."},{"host":"Matilda","text":"I'm not dismissing it — the legal wrapper IS the product. Without it, you're gambling."},{"host":"Chris","text":"Oh, come on. Gambling? We just watched three crypto winters and the idea survived."},{"host":"Matilda","text":"The idea survived, but retail got burned repeatedly. That's my point."},{"host":"Chris","text":"Then fix the issuer standards: audits, proof of reserves, bankruptcy isolation. Don't kill the tool."},{"host":"Matilda","text":"I'd support that. But until that exists, this is a product for places with fewer protections."},{"host":"Chris","text":"Which might be exactly why they launched outside the U.S. first."},{"host":"Matilda","text":"That's the thing — if it's too risky for Americans, why is it fine for Brazilians or Nigerians?"},{"host":"Chris","text":"Because they don't have the same access. A tokenized Nvidia share is better than a terrible local brokerage."},{"host":"Matilda","text":"Or it's another way to expose people to a product they can't evaluate."},{"host":"Chris","text":"I'd rather give them the choice with real disclosures than assume they can't handle it."},{"host":"Matilda","text":"Choice without recourse is not a choice. That's my problem."},{"host":"Chris","text":"But you'd agree the underlying idea — 24/7, fractional, global exposure — is a good one."},{"host":"Matilda","text":"The idea is fine. The collateral and enforcement are the question."},{"host":"Chris","text":"Then let's keep watching. Because I promise you, this is not the last tokenized stock product."},{"host":"Matilda","text":"Oh, it won't be. The last time tokenized stocks got traction, regulators came down."},{"host":"Chris","text":"And the next time, they'll have to deal with the demand instead of just banning it."},{"host":"Matilda","text":"Maybe. But I'll stay skeptical until I see an issuer with clean US approval."},{"host":"Chris","text":"That's the most Matilda sentence I've ever heard."},{"host":"Matilda","text":"Someone has to read the fine print while you're imagining the future."},{"host":"Chris","text":"Fair enough. Tokenized Magnificent Seven on Solana — real product, real legal gray zone."},{"host":"Matilda","text":"And the biggest caveat is still that it's blocked in the United States and Canada."},{"host":"Chris","text":"Which is itself a story about where crypto markets are going."}]}