Tokenized Powerus Stock Hits $8 Million Volume on Solana in Four Hours
The tokenized version of Powerus Corporation stock, PUSA, saw $8 million in trading volume on Solana within four hours of its debut, outpacing its Nasdaq counterpart.
Powerus Corporation, a defense technology firm, saw its newly tokenized stock reach $8 million in trading volume on Solana within four hours of listing on October 2, 2026. This volume figure more than doubled the dollar volume recorded by the company's Nasdaq-listed shares during the same period.
The PUSA token launched through Backpack Securities using the Sunrise platform. Each token is backed 1:1 by real Powerus common stock held in custody, allowing holders to redeem tokens for the underlying shares. By the end of the first 24 hours, total trading volume for the token reached approximately $12 million.
The tokenized asset offers continuous trading, contrasting with the standard business hours of the Nasdaq. This aligns with broader trends in the Solana tokenized equities market, where 63% of trades have occurred outside of traditional market hours.
Powerus entered public markets on October 1, 2026, following a merger with Aureus Greenway Holdings Inc. The company specializes in autonomous aerial and maritime systems, as well as counter-drone technology. Recent business developments for the firm include a $2.5 million defense purchase order for FPV aircraft and a long-term US Air Force IDIQ contract for its Guardian-2 counter-drone system, which has a potential value of up to $90 million through mid-2028.
