DraftKings Tokenized Stock DKNG Hits $39M Trading Volume Within 3 Hours

Tokenized stock DKNG from sports betting company DraftKings has recorded $39 million in trading volume within three hours of its Solana launch. Issued by Backpack Securities and backed 1:1 by actual DraftKings shares, holders can redeem the token for real shares or transfer it to their existing brokerage accounts. Daily trading volume for Solana-based tokenized stocks reached over $600 million in early 2026, with total issuance size hitting approximately $684 million as of early September.