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Backpack’s BP token surges above $1.65 after SEC tokenized-stock exemption

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  • Backpack Exchange’s BP token reached a record high after new SEC tokenized-stock trading relief.
  • BP rose from below $0.50 to $1.65 between mid-September and October 1, 2026.
  • The SEC exemption lasts five years and limits qualifying venues to 0.25% of average daily volume.
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Backpack’s BP token surges above $1.65 after SEC tokenized-stock exemption - CoinPost Terminal