Kyle Samani Invests in Backpack, Becomes Largest Angel Investor

On October 10, Kyle Samani, co-founder of Multicoin, announced on the X platform that his largest personal angel investment has been made in Backpack. On September 2, Backpack announced that Samani joined its US board of directors. Samani has long focused on the development of DeFi, blockchain infrastructure, and global capital markets. Backpack stated that this appointment reflects a shared judgment that the future of global finance will combine institutional-level risk control with the efficiency and transparency of on-chain markets.

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