đ€ FTX alumni exchange becomes a âunicornââŠ
The crypto exchange Backpack, founded by former FTX employees, has achieved unicorn status.
đ€ According to Axios, the company is negotiating a $50 million funding round at a $ 1 billion pre money valuation.
Recently, Backpack unveiled a tokenization scheme and announced plans to reserve one third of its exchange token issuance for the treasury.
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