The post Former FTX Execs’ Backpack Straps on for UK Expansion After $17M Funding appeared first on Coinpedia Fintech News
Here’s something you don’t see every day!
Backpack, led by former FTX and Alameda Research experts, has made a significant move into the UK, marking a key milestone in the crypto space. With a substantial $17 million in funding and a notable $120 million valuation, Backpack is geared up to revolutionize the crypto scene.
Winning with Funding!
Backpack’s strategic entry into the UK follows a successful $17 million funding round, solidifying its position in the crypto exchange arena. Led by CEO Armani Ferrante and co-founder Can Sun, seasoned professionals from Alameda Research and FTX, Backpack is making waves with a robust $120 million valuation.
Backpack Exchange is now available to residents of the United Kingdom. pic.twitter.com/vNa0KSzpq7
— Backpack (@Backpack) March 12, 2024
Beyond a typical crypto platform, Backpack is an all-encompa
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