Backpack Exchange company
Overview
Backpack Exchange (operated by Trek Labs) is a centralized cryptocurrency exchange that employs multi-party computation (MPC) technology to enable user self-custody of private keys. It is regulated by Dubai's Virtual Assets Regulatory Authority (VARA). The exchange was co-founded by former FTX employees.
Within the DeFi Intel graph, Backpack Exchange connects to 4 tracked entities, most strongly to Virtual Assets Regulatory Authority (Dubai), Virtual Assets Regulatory Authority, Backpack Exchange VARA VASP Licence.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | Virtual Assets Regulatory Authority (Dubai) | 95% |
regulated_by | Virtual Assets Regulatory Authority | 95% |
holds_license | Backpack Exchange VARA VASP Licence | 95% |
founded_by | Armani Ferrante | 90% |
Frequently asked questions
What is Backpack Exchange?
Backpack Exchange is a centralized cryptocurrency exchange operated by Trek Labs that uses multi-party computation (MPC) technology to enable user self-custody of private keys.
Who regulates Backpack Exchange?
Backpack Exchange is regulated by Dubai's Virtual Assets Regulatory Authority (VARA).
Who founded Backpack Exchange?
Backpack Exchange was co-founded by former FTX employees, including Armani Ferrante.