Take-Two Interactive's tokenized stock launches on Solana blockchain
Tokenized shares of the GTA 6 publisher now trade on Solana, backed one-to-one by real stock and available 24/7 through crypto wallets.
Backpack Securities has launched tokenized TTWO shares on Solana via the Sunrise platform, allowing crypto investors to buy and trade Take-Two Interactive stock directly through blockchain wallets and decentralized exchanges like Jupiter without a traditional brokerage account.
Each TTWO token is backed by actual Take-Two shares purchased through U.S. markets, and investors can redeem their tokens for underlying stock. The tokenized shares trade around the clock, seven days a week, giving global market participants access beyond Wall Street's operating hours.
The launch coincides with heightened attention to Take-Two ahead of a Netflix premiere of "GTA VI: An Extended Look" on August 27, followed by the game's scheduled November 19 release on PlayStation 5 and Xbox Series X|S. The company's latest earnings reaffirmed its release schedule while projecting over $1 billion in fiscal 2027 operating cash flow. Take-Two shares were trading at $232 following the earnings announcement.
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