Backpack completes US$17 million in strategic Series A financing at a valuation of US$120 million, led by Placeholder

2024-02-28 20:54:22BlockBeatsShare to:

BlockBeats news, on February 28, according to official news, Backpack completed a strategic Series A financing of US$17 million at a valuation of US$120 million. This round of financing was led by Placeholder and included Hashed, Robot Ventures, Amber Group, Wintermute, Jump Crypto, Selini Capital and Delphi Digital participated in the investment, and individual investors include the founders of Solana and the founders of other Solana ecological projects including Jito, Zeta Market, Drift, Monad, and Galxe. The Backpack ecosystem consists of a variety of products and services, including the popular Backpack non-custodial wallet, Backpack Exchange, a regulated global crypto trading platform, and Solana ecological blue-chip NFT Mad Lads. At the same time, Backpack is also the creator and developer of Anchor, Solana smart contract framework, executable NFT (xNFT) token standard, etc. Solana Labs co-founder Anatoly Yakovenko said: "Backpack has not only pioneered great products like Backpack Wallet, but also cultivated a great community through Mad Lads. Founder Armani and the Backpack team have demonstrated a long-term focus on building great products and user experiences. and mean something."

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