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Backpack Exchange Founded By Ex‑FTX Staff Reaches $1 Billion Valuation, Announces Token Plan

February 10, 2026
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Backpack, based by former FTX staff, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Preliminary Public Providing (IPO). Backpack, a crypto change based by former FTX staff, is reportedly in talks to lift $50 million and has reached a $1 billion valuation, aiming to develop tokenized asset […]



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Tags: AnnouncesBackpackBillionexchangeExFTXfoundedPlanReachesstafftokenValuation
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