Ryan Lawler / Axios:

Sources: crypto exchange Backpack, built by ex-FTX and Alameda leaders, is in talks to raise $50M at a $1B pre-money valuation, reports $100M+ in annual revenue  —  Backpack Exchange, a centralized crypto trading firm built by former FTX and Alameda leaders, is negotiating terms for new financing …

Ryan Lawler / Axios:

Sources: crypto exchange Backpack, built by ex-FTX and Alameda leaders, is in talks to raise $50M at a $1B pre-money valuation, reports $100M+ in annual revenue  —  Backpack Exchange, a centralized crypto trading firm built by former FTX and Alameda leaders, is negotiating terms for new financing …

Source: TechMeme
Source Link: http://www.techmeme.com/260209/p39#a260209p39