Solana Walleti seljakott tagab 17 miljoni dollari suuruse rahastamise | BitPinas

Backpack, a cryptocurrency platform founded by ex-FTX and Alameda staff Armani Ferrante and Tristan Yver, has recently obtained $17 million in funding from Placeholder VC. The founders noted that the investment will facilitate Backpack’s expansion into new jurisdictions by funding compliance and licensing expenses.

Backpack Funding

Vastavalt aru, the Series A funding round values the company at $120 million. It was noted that the company entered “cockroach mode” after FTX, its primary backer, collapsed and diverted most of its $20 million funding.

Accordingly, it was noted that Backpack initially operated on a tight financial leash of $1.4 million generated from the sale of the Mad Lads non-fungible tokens (NFT), which has now become one of Solana’s most sought-after digital collectibles. This sale not only provided funding but also popularized Backpack’s wallet app. 

Moreover, the Mad Lads mint established a user base of on-chain traders and collectors for Backpack, contributing to its significant daily trading volumes, sometimes reaching billions of dollars. 

In October last year, Backpack käivitatud its exchange and obtained a post-approval from Dubai’s Virtual Asset Regulatory Authority (VARA).

In addition, in November, Ferrante and another former FTX executive Can Sun launched a new cryptocurrency exchange in Dubai, prioritizing heightened security measures for customer funds called Trek Labs.

Trek Labs aims to innovate trading practices by implementing a secure and transparent model, with a particular emphasis on “self-custody” wallets utilizing multiparty computation for enhanced security. This platform oversaw the rollout of Backpack’s beta version.

Mis on seljakott?

Backpack is a crypto wallet and exchange platform operating on the Solana blockchain, offering users a range of functionalities. 

Its crypto wallet feature enables secure management of digital assets, allowing for storage, sending, and receiving of various cryptocurrencies directly from the wallet. 

Additionally, Backpack facilitates non-fungible tokens listing and sales, providing a user-friendly platform for users interested in NFTs. Users can easily list their NFTs on the platform and accept offers directly from their wallets. 

Moreover, the platform offers blockchain-powered payments, ensuring non-custodial transactions that can be received seamlessly into the wallet at any time and from anywhere.

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