Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange founded by former FTX employees, is reportedly in talks to raise $50 million and has reached a $1 billion valuation, aiming to expand tokenized asset […]
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XRP ETF Investors Are Now $133M Under Water on Their Bets
Key TakeawaysBitwise’s XRP fund was the only mover on Oct. 2, shedding $3.28 million while rivals sat flat.XRP ETF net...













