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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Tether Backed a $134M SKY Crypto Token Deal: What It Says About Stablecoin Power
Tether just confirmed it backed a $134 million private placement in Stablecoin Development Corporation, a publicly-traded company that exists specifically...











