Backpack introduced the cross-assets function of equities as collateral

Backpack announced that users could now use real stocks as collateral to cross their unified cross-asset bond accounts to trade stocks, encrypted currency and other financial instruments. Users can trade in 24/7 permanent contracts for shares and ETFs, borrow United States dollars, make futures transactions or use stock holding to carry out bond transactions. The equity roll-out included the MU, US$SNDK, US$SSY and US$QQ Q for ever-ending contracts, as well as the U.S. and Moody ' s shares as collateral, and more stocks would be added in the future。