SK Hynix (Backpack Securities)SKHY

SK Hynix (Backpack Securities) (SKHY) is a tokenized stock tracked by CoinGecko. The price on this page is the token's on-chain price, aggregated across the exchanges that list SKHY.

SK Hynix (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, SKHY 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.