Backpack Exchange Secures $17 Million Funding Led by Placeholder

Backpack Exchange Secures $17 Million Funding Led by Placeholder

Backpack Exchange Secures $17 Million Funding Led by Placeholder

Solana ecosystem trading platform Backpack announced on Wednesday (28th) that it has completed a $17 million Series A funding round led by blockchain venture capital firm Placeholder. Other investment institutions include #Hashed, Robot Ventures, Amber Group, Wintermute, and Selini Capital.
Related articles: “What is Backpack? A five-minute introduction to the secure Backpack exchange” and “Concerned about users losing money and artificially inflating rankings in preseason games, Backpack founder calls for rational trading.”