Backpack Exchange, a Solana-based crypto platform, raises $17m in Series A funding led by Placeholder VC.

Backpack Exchange, a Solana-based cryptocurrency platform, has completed a $17m strategic Series A funding round, led by Placeholder VC, with participation from Hashed, Robot Ventures, Amber Group, Wintermute, Jump Crypto, Selini Capital, Delphi Digital, and founders from Solana and Tensor ecosystems. The exchange aims to expand globally and develop new products. The funding round valued Backpack at $120m.

February 28, 2024
6 Articles