๐Ÿš€ Ex-FTX execs launch Backpack, a new crypto platform pledging transparency & security! ๐Ÿ’ผ Can Sun, former FTX general counsel, is leading the venture with Armani Ferrante. The Dubai-based startup Trek Labs will operate the project. Key features include:

- Self-custody wallets using multiparty computation ๐Ÿ”

- Users have more authority & visibility over assets ๐Ÿ‘€

- Valuation goal exceeding $100M for a 10% stake ๐Ÿ’ฐ

Backpack aims to restore trust in the crypto market after the FTX debacle. What do you think of this new platform? Share your thoughts below! ๐Ÿ‘‡