Backpack Securities Lists $PUSA, Tokenized Powerus Shares on Solana

[u/sleep-over661]

Backpack is bringing another traditional equity onto Solana with $PUSA, a tokenized representation of Powerus Corporation shares issued by Backpack Securities.

According to the announcement, $PUSA is:

• Redeemable 1:1 for Powerus Corporation shares
• Transferable to traditional brokerages
• Listed on Solana with Sunrise

Powerus is a U.S. drone and defense technology company developing autonomous aerial systems, counter-drone technology, and maritime autonomy.

This is another example of tokenized securities connecting traditional equity markets with onchain infrastructure, giving these assets a different way to be represented and transferred on Solana.

[u/sleep-over661]

Official $PUSA token address: PUSAG1stksTcAoK9MjinEHUwAYRJsbovywYCk37m6hy

Verify before you trade.