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Johnson &amp; Johnson (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, JNJ represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.

Johnson & Johnson (Backpack Securities)

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JNJ	USD
0.1	27.50
1	275.00
2	550.00
5	1,374.99
10	2,749.99
20	5,499.98
50	13,749.94
100	27,499.88
1000	274,998.75

USD	JNJ
0.1	0.00036363801
1	0.00363638013
2	0.00727276026
5	0.01818190066
10	0.03636380133
20	0.07272760266
50	0.18181900666
100	0.36363801332
1000	3.64

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