• The partnership is the latest example of Backpack’s rapid effort to democratize access to global equities
  • Combined with SK Securities’ institutional Korean capital markets expertise, Backpack’s global financial marketplace extends its reach to meet demand for Korean equities trading abroad

SAN FRANCISCO, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Backpack, a global financial institution bridging crypto with traditional financial markets, today announced a strategic partnership with SK Securities Co., Ltd. (KRX: 001510), the publicly listed Korean securities firm, to expand international investor access to Korean equities and developing opportunities in tokenized securities and real-world assets (RWAs). Backpack and SK Securities will bring to market Korean stock trading services for eligible non-resident foreign investors through the Backpack app.

“Korean equities have long been out of reach for most global investors and we're changing that. Our partnership with SK Securities reflects Backpack’s core belief that the future of finance is built where regulatory rigor meets crypto-native innovation,” said Armani Ferrante, Co-Founder and CEO of Backpack. “We are building the single globally regulated financial marketplace that will break the mold when it comes to who has access to what financial products, and when. We look forward to bringing Korean equities to our users worldwide and continuing to deliver an exceptional product experience.”

The partnership builds on Backpack’s existing U.S. securities platform, which connects traditional securities ownership with blockchain-based distribution, and is emblematic of Backpack’s philosophy on investor access to global capital and securities markets: bringing conventional brokerage access and blockchain-enabled financial infrastructure together within a unified platform experience. While the initial focus of the partnership is on Korean-listed equities, work between Backpack and SK Securities will create a foundation for broader collaboration across traditional and tokenized financial markets.

SK Securities will contribute its capabilities in underwriting, issuance, and securities distribution, while Backpack brings its blockchain infrastructure, digital asset custody capabilities, and access to a global user base. The companies will collaborate across the lifecycle of these assets, including structuring and issuance, custody, and distribution to international investors, subject to applicable laws and regulations.

The collaboration reflects a broader opportunity to connect established capital markets with blockchain-based financial infrastructure. Tokenization has the potential to introduce new models for how financial assets are represented and distributed, while drawing on existing securities expertise and market infrastructure. For Backpack, the partnership builds on its existing efforts to connect traditional ownership of securities with onchain markets.

About Backpack
Backpack is a crypto-native global financial institution bridging on-chain with traditional financial markets. Designed for both crypto-native and TradFi investors, Backpack aims to usher in the next generation of finance with unparalleled accessibility, utility, and compliance. The Backpack group includes a fully regulated global crypto exchange, a self-custodial wallet, as well as Backpack Securities, which combines a regulated brokerage with a complementary tokenization platform to provide investors with access to real equity ownership and blockchain-native distribution of publicly traded securities together within a single product experience.

Backpack currently serves users from over 150 countries and regions with more than $450 billion in trading volume. For more information visit https://backpack.exchange/ or @Backpack on X.

Media Contact
Backpack Press
press@backpack.exchange