The Series A raise comes at a valuation of $120 million, a sign of strength for the company that less than two years ago told The Block it went into “cockroach mode” when its key previous backer, FTX, imploded and sent most of the startup’s $20 million funding to goblin town. Backpack bought itself some much-needed runway with an inventive NFT-fueled fundraise, said co-founder Tristan Yver. Yver and Ferrante – both FTX/Alameda alums who left before its infamous collapse – more recently partnered with that fated company’s former top lawyer Can Sun to “build an exchange to fill the gap” that FTX left behind, Yver said.
LIVE
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
