PANews reported on February 10th that, according to Axios citing sources familiar with the matter, Backpack Exchange, a centralized cryptocurrency exchange foundedPANews reported on February 10th that, according to Axios citing sources familiar with the matter, Backpack Exchange, a centralized cryptocurrency exchange founded
Sources say Backpack is in talks to raise funds at a $1 billion valuation.
PANews reported on February 10th that, according to Axios citing sources familiar with the matter, Backpack Exchange, a centralized cryptocurrency exchange founded by former FTX and Alameda executives, is negotiating a new round of funding at a pre-money valuation of $1 billion. Specifically, Backpack is planning to raise $50 million, but the final funding round could be larger.
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