Multicoin co-founder Kyle Samani said on Oct. 10 that the largest angel investment he has made personally went to Backpack. The disclosure came in a post on X and adds to Backpack’s earlier announcement on Sept. 2 that Samani had joined the board of Backpack US. Backpack had described Samani as a Multicoin Capital co-founder and an early Solana investor. The company said the appointment reflected a shared view between both sides on where global finance is headed: combining institution-grade risk controls with the efficiency and transparency of onchain markets. Samani has long focused on DeFi, blockchain infrastructure, and global capital markets, according to the information cited in the announcement.
Multicoin co-founder Kyle Samani said on Oct. 10 in a post on X that the largest angel investment he has made personally is in Backpack.
Backpack had already named him to the Backpack US board
On Sept. 2, Backpack announced that Kyle Samani, co-founder of Multicoin Capital and an early investor in Solana, had joined the board of Backpack US.
Backpack said the appointment reflected a shared view between the two sides that the future of global finance will combine institution-grade risk management with the efficiency and transparency of onchain markets.
Samani has long followed developments in DeFi, blockchain infrastructure, and global capital markets.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
