Nebius, a $48B Nasdaq-listed AI infrastructure firm, launches tokenized stock ($NBIS) on Solana via Sunrise and Backpack Securities.
RWA & Tokenization ·
Nebius, a Nasdaq-listed AI infrastructure firm valued at approximately $48B, has launched a tokenized version of its stock on Solana. The token, ticker $NBIS, went live through Sunrise and was issued by Backpack Securities, bringing the firm's equity onchain. This move represents a convergence between traditional public markets and blockchain infrastructure, allowing shareholders to hold and trade a representation of their Nebius shares via the Solana network.
Tokenized securities bridge regulated financial instruments with distributed ledger settlement. As the securities landscape evolves, both legacy financial institutions and blockchain platforms are exploring how to issue, distribute, and settle tradable assets—from equities to bonds—under existing regulatory frameworks. Backpack Securities operates as the licensed issuer, positioning itself within the emerging infrastructure for onchain securities trading.
The structure and exact mechanics of how Nebius equity holders can convert or claim $NBIS tokens, along with the trading volumes and liquidity on Solana, remain unclear from available information. The regulatory treatment of such tokenized stock offerings in the US and other jurisdictions, and whether this issuance involves any new SEC guidance or exemptions, has not been specified.