Sunrise’s INTC listing broadens around-the-clock on-chain equity trading on Solana just ahead of Intel earnings, as tokenization remains a central theme across crypto market infrastructure.
Backpack has launched a tokenized version of Intel’s stock on Solana through its Sunrise protocol, making the equity tradeable around the clock ahead of Intel’s Q2 2026 earnings release on July 24. The INTC token is structured as a 1:1 claim on an underlying Intel share held in custody, and it is designed to be eligible for corporate actions under New York’s UCC Article 8, meaning dividends and stock splits would flow through to token holders. As of July 21, the token was live across nine launch venues including Raydium, Jupiter Mobile, Phantom, DFlow, Titan Exchange, Archer Exchange, Kamino, Mayan, and FOMO. Launch data showed a total supply of about 6,151 tokens, the underlying Intel shares priced at roughly $104 each, and liquidity near $199K. In the first six hours of active trading, INTC recorded about $131K in volume across 1,547 trades from 91 unique wallets. The listing comes as tokenization remains a dominant theme in crypto market structure, with blockchain platforms pushing deeper into publicly traded equities by offering 24/7 trading, faster settlement, and potential integration with decentralized finance. Intel joins a wider Sunrise-issued lineup that already includes SpaceX, Micron, Robinhood and SanDisk. Backpack launched Sunrise in June 2026 and says the platform has processed roughly $1.5B in monthly tokenized securities volume, with single-day highs above $187M in mid-June. The structure is intended to distinguish the product from the synthetic stock tokens previously offered by Binance and FTX before regulators shut those programs down. The listing also expands Solana’s tokenized equity market, which rwa.xyz data says accounts for 95% of on-chain equity volume across blockchains.