Crypto exchange Backpack nears unicorn status as CEO lays out token strategy

Backpack Unveils 1 Billion Token Plan Linked to Future IPO

Backpack, a crypto exchange created by former FTX employees, plans to introduce a new token with a total supply of 1 billion units.

Backpack Announces Token Distribution While Pushing for a Major Funding Round

Backpack, the crypto exchange and wallet platform founded by former FTX employees including CEO Armani Ferrante and others, has reportedly outlined its token distribution plans while pursuing a major funding round. Backpack is in advanced talks to raise $50 million in fresh funding at a $1 billion pre-money valuation, potentially achieving unicorn status. Some sources […] The post Backpack Announces Token Distribution While Pushing for a Major F…

Backpack Exchange Outlines A Disciplined Token Launch Strategy

Backpack Exchange has entered the spotlight with a carefully structured token generation plan designed to balance growth and stability. The platform confirmed it will distribute 25 percent of its native token supply during its upcoming launch. This measured approach signals a strong focus on sustainability rather than short term hype. The Backpack Exchange TGE strategy aims to build long term confidence among users, developers, and institutional…

Backpack Launches Native Token with IPO Ambitions; LiquidChain Positions for Scalable Growth

What to Know: Backpack is pursuing a dual strategy: launching a native token while preparing for a potential future IPO to secure regulatory legitimacy. The industry is shifting toward infrastructure that abstracts complexity, moving away from manual bridging toward unified execution environments. LiquidChain offers a Layer 3 solution that fuses Bitcoin, Ethereum, and Solana liquidity, eliminating the security risks associated with wrapped asse…

Backpack Exchange Seeks $50M Funding Round at $1B Valuation

This article was first published on Deythere. Backpack Exchange, a crypto trading platform created by former FTX and Alameda Research staff, is in advanced discussions to raise $50 million at a valuation of $1 billion as investors regain confidence in regulated crypto infrastructure and tokenization services.  If successful, such funding would help Backpack’s ranks among the new class of crypto firms after the collapse of FTX. Backpack Exchange …

Backpack Token Is Coming, And Dumping Won’t Be Easy: Here’s Why

Backpack Exchange unveils 1 billion token supply with IPO-linked distribution preventing insider dumping until US public listing completion.