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"Former FTX Executives Launch New Crypto Exchange 'Backpack' with Alameda Partnership"

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Source: CoinDesk
"Former FTX Executives Launch New Crypto Exchange 'Backpack' with Alameda Partnership"
Photo: CoinDesk
TL;DR Summary

Former FTX general counsel Can Sun and former Alameda Research software developer Armani Ferrante are launching a new crypto exchange called Trek Labs, based in Dubai. Trek Labs recently obtained a license from the Virtual Assets Regulatory Authority and plans to allow users to self-custody their funds. The exchange, which received funding from FTX's venture arm, is looking to sell a 10% stake and aims to launch in beta later this month.

Topics:business#alameda-research#crypto-exchange#cryptocurrency#dubai#ftx#trek-labs
Share this article
  1. Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ  CoinDesk
  2. Rebuild or retreat? Crypto faces tough choices after FTX  Financial Times
  3. Mad Lads NFTs Hit All-Time High as Backpack Taps FTX Lawyer for Exchange Launch  Decrypt
  4. Former FTX Execs to Launch New Crypto Exchange 'Backpack'  Unchained

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