With Mad Lads on Top, Solana Exchange Backpack Sets Its Sights on Coinbase

Building a crypto exchange following the collapse of FTX and the regulatory penalties of Binance undoubtedly draws additional scrutiny for Backpack. But it also provides a roadmap of what not to do—and Backpack co-founder Armani Ferrante tells Decrypt that he welcomes the opportunity to avoid the usual industry pitfalls. “We really want to be one of these bastions of integrity and build one of these next-generation exchanges that sets a gold standard for security, for safety, and for trust,” he...