Backpack Exchange Founded By Ex‑FTX Staff Reaches $1 Billion Valuation, Announces Token Plan
Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange founded by former F...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This maps to the Market Structure hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on Bitcoin NewsRelated market context
Tokenized Stocks Hit Records Across Every Major Venue as Sector Reaches $2.3B
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Tokenized Treasuries Cool as Wall Street Giants Wage a $35 Billion RWA War
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Tokenized equity perps drive RWA trading boom to $470 billion monthly volume
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New CLARITY Act update bans officials including presidents from issuing or even holding crypto tokens
On July 22, US Senate Republicans released an updated version of the CLARITY Act, moving one of Washington’s most consequential cr...
New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset
Bitcoin Magazine New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset Senate Republicans re...
London Stock Exchange Goes 24/7, Challenging Crypto Platforms in a New Trading Era
Key Takeaways: The London Stock Exchange plans to have trading rounds after normal business hours as early as early 2027. The shif...