Backpack Unveils Regulated Exchange and Self-Custodial Wallet Platform

Backpack, a multi-jurisdictional cryptocurrency company founded in 2022, has gained attention for its regulated exchange and self-custodial wallet offerings.

The platform is built around two core products: a centralized exchange (CEX) licensed under VARA (Dubai), CySEC (EU), and other frameworks, allowing for spot, margin, and futures trading from a single account with zero-knowledge proof of reserves.

In addition to its exchange, Backpack also offers a self-custodial multi-chain wallet that supports Solana, Ethereum, and other chains, featuring pioneering xNFT technology, NFT collection locking, hardware wallet integration, and scam detection.