Tokenized asset · Solana

MGM Resorts International - Backpack Securities (MGM)

MGM Resorts International - Backpack Securities (MGM) is a tokenized asset on Solana issued by Backpack Securities. Each token tracks the underlying share 1:1 as a Token-2022 token and moves with Solana finality; the issuer holds pause, freeze, and delegate powers over the token. On U.CASH you can accept MGM payments, swap it non-custodially, and hold it in your own wallet. Issued on-chain by Backpack Securities.

Open in the app: Swap · Buy · Get UCASH

MGM Resorts International - Backpack Securities at a glance

Network
Solana
Standard
ERC-20 token
Block time
~400 ms
Consensus
Solana mainnet

Solana finality (single slot). Settlement on U.CASH is non-custodial: every payment and swap moves on-chain, direct to a wallet you control.

MGM Resorts International - Backpack Securities contract addresses

MGM Resorts International - Backpack Securities (MGM) is a token. Always verify the address before trading.

Use MGM on Solana

Every action opens with MGM already selected.

Swap MGM

Best-price routing from Solana into any asset, cross-chain included, in one signed transaction.

Buy MGM

Card or bank where the fiat rails serve Solana, or swap from any asset you already hold.

Get UCASH with MGM

Pay MGM from Solana and receive UCASH, the U.CASH network token, non-custodial.

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MGM Resorts International - Backpack Securities: FAQ

What is a MGM tokenized asset?
It is a Token-2022 token on Solana that tracks the underlying MGM Resorts International - Backpack Securities share and is transferable under the issuer's on-chain rules.
Can anyone hold MGM?
The token contracts enforce their own transfer compliance: transfers to or from addresses the issuer blocks revert on-chain, and the issuer can pause a token. Checkouts ask buyers to confirm they are eligible to hold tokenized assets under their local rules.
How is the MGM price determined?
U.CASH reads the token's Solana pool price (Jupiter-routed liquidity) rather than a crypto market feed, refreshing every few minutes. Pre-IPO tokens can trade far above or below the private-market valuation of the underlying company.
How do I get MGM?
Open swap.u.cash with MGM preselected as the asset you receive: swap any crypto you hold for it in one signed transaction on Solana. It settles straight to your wallet.
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MGM Resorts International - Backpack Securities, your keys

Swap, buy, and settle MGM on Solana non-custodial, straight to the wallet you control.