Mad Lads’ Backpack Exchange closes $17 million Series A led by Placeholder VC
02/28/24, 1:10 PM
Location
san bernardinoMoney raised
$17 million
Industry
cryptocurrency
blockchain
financial services
Round Type
series a
Investors
Delphi Digital, Selini Capital, Jump Crypto, Wintermute, Amber Group, Robot Ventures, Hashed, Placeholder Vc
Backpack Exchange has closed a $17 million strategic Series A funding round led by Placeholder VC, with participation from other strategic investors. The new funding round marks a new chapter for the crypto industry according to the founder and CEO, Armani Ferrante.
Company Info
Location
san bernardino, california, united states
Additional Info
Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use and compliant trading platform for both experienced and new web3 users worldwide. Backpack currently serves users from over 150 countries and regions with more than $60 billion in trading volume.
The Backpack ecosystem comprises several products and services, including the popular Backpack Wallet (noncustodial), Backpack Exchange, and Mad Lads, the top NFT community in the Solana ecosystem.