Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange founded by former FTX employees, is reportedly in talks to raise $50 million and has reached a $1 billion valuation, aiming to expand tokenized asset […]
Source: https://news.bitcoin.com/backpack-exchange-founded-by-ex%E2%80%91ftx-staff-reaches-1-billion-valuation-announces-token-plan/
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