According to Axios, the cryptocurrency trading platform Backpack Exchange is in talks for a new funding round at a pre-money valuation of $1 billion. Sources say the company plans to raise $50 million, but the final funding amount could be further increased. Backpack Exchange was founded by former FTX and Alameda team members.
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According to Axios, the cryptocurrency trading platform Backpack Exchange is in talks for a new funding round at a pre-money valuation of $1 billion. Sources say the company plans to raise $50 million, but the final funding amount could be further increased. Backpack Exchange was founded by former FTX and Alameda team members.