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TechFlow news: On February 10, according to Axios, Backpack Exchange—a centralized cryptocurrency exchange founded by former FTX and Alameda executives—is negotiating a new funding round with a pre-money valuation of $1 billion. The company plans to raise $50 million, though the final amount raised may be larger.
According to Axios, Backpack Exchange, a centralized cryptocurrency exchange founded by former FTX and Alameda executives, is negotiating a new funding round with a pre-money valuation of $1 billion. The company plans to raise $50 million, though the final funding amount may be larger.
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