Backpack Pledges 20% Equity to Token Stakers Amid IPO Expansion Plans

Backpack Exchange has introduced a model allowing users to exchange their platform tokens for a collective 20% stake in the company’s equity. Backpack CEO Armani Ferrante announced the initiative on February 23, 2026, as the exchange prepares for a potential initial public offering (IPO) in the United States. Under the new program, users who stake […]