Micron Technology (Backpack Securities)

Micron Technology (Backpack Securities) (MU) is a tokenized security on the Solana blockchain that provides direct, 1:1 economic exposure to MU equity. Each MU token is fully collateralized by one real-world share of Micron Technology stock held in regulated custody. The asset is issued by Backpack Securities, a regulated U.S. brokerage, in partnership with the Sunrise tokenization infrastructure. Holders can redeem their tokens for actual Micron Technology shares and transfer them to traditional brokerage accounts via established financial rails.