Multicoin co-founder Kyle Samani makes largest angel bet on Backpack
- —Samani called the Backpack investment his largest angel deal to date
- —The size of the investment was not disclosed
- —Samani joined the Backpack US board in September
- —Backpack is betting on institutional-grade risk management and onchain efficiency
Why it matters: A prominent crypto VC backing Backpack strengthens the exchange's hand in the race for institutional clients.
Source: Bloomingbit