Micron Technology (Backpack Securities) MU
Micron Technology (Backpack Securities) (MU) is a tokenized exposure to MU issued by Backpack through Trek Nexus Markets Ltd and distributed through Trek Labs Ltd. with Atomic Vault Securities, LLC and RQD Clearing, LLC as broker. The underlying security is listed in the information technology sector in North America. Each token tracks one underlying share, entitles holders to dividends, which are distributed as additional tokens, and carries voting rights. The underlying shares are held by Trek Nexus Markets Ltd in segregated accounts within a bankruptcy-remote structure. Retail investors, professional investors, accredited investors, qualified investors, qualified purchasers, and institutions worldwide can mint and redeem directly with Backpack in underlying shares after completing KYC, and holders have a right to redeem at net asset value with instant settlement. Residents of the United States, the United Kingdom, the United Arab Emirates and other jurisdictions the issuer restricts cannot mint or redeem with Backpack. Trek Nexus Markets Ltd is incorporated in the British Virgin Islands and is offered under an SEC Regulation S exemption. Holder terms are governed by the law of the British Virgin Islands. MU has been issued on Solana as a SPL Token-2022 token since May 2026.