Backpack launches Cerebras tokenized stock CBRS on Solana, supporting 1:1 exchange

Backpack Onchain announced that CBRS, a tokenized stock of Cerebras Systems issued by Backpack Securities, has been launched on Solana through Sunrise. Users can exchange Cerebras Systems stock at a 1:1 ratio and transfer it to traditional securities firms. Cerebras is an AI infrastructure company that designs and manufactures AI computing systems and software.