Nebius Stock Tokenized: NBIS Is Tradable on Solana
The stock of Nasdaq-listed AI infrastructure provider Nebius Group launched as a tokenized security on Solana — issued by Backpack Securities via Sunrise, redeemable 1:1 and tradable around the clock.
What Happened
The tokenized stock of Nebius Group (NBIS) is live on Solana. The issuer — as with MSTR and TTWO — is Backpack Securities via the Sunrise structure. Per Backpack, the token is redeemable 1:1 for real Nebius shares, transferable to traditional brokerages, and tradable around the clock — including via Raydium, Jupiter apps, Phantom, and Titan.
Who Nebius Is
Nebius Group is a Nasdaq-listed provider of AI infrastructure — GPU cloud and data centers for AI workloads. After gaming publisher Take-Two, the next industry joins the lineup of tokenized single names: AI infrastructure exposure now sits directly in the Solana wallet.
The Pattern
The flow has become routine: a regulated issuer holds the real shares, the token mirrors them and remains redeemable — tradable outside US market hours too. Basics and limitations are covered in Tokenized Stocks (xStocks) on Solana. For cadence: MSTR, TTWO, and NBIS arrived within two weeks.
Note: This is reporting, not investment advice. Tokenized stocks are securities — availability and legal treatment depend on your jurisdiction.
What to Watch
- How volume and spreads distribute across venues
- Which names follow next
- Whether the redemption flows to brokerages actually get used
Sources
- Solana — Post on X
- Backpack — Listing post
- SOLANA·HUB news: MSTR tokenized · TTWO on Solana