- Crypto wallet company Backpack announced its crypto exchange following Dubai license.
- Founder Armani Ferrante celebrated the launch and recapped previous milestones.
- The exchange features zero-knowledge proof of reserves (zk-proofs), Multi-Party Computation (MPC) for custody, and high-speed order execution.
In a recent tweet, crypto wallet company NFT Backpack’s founder, Armani Ferrante, celebrated the launch of its cryptocurrency exchange after receiving the Dubai license. Ferrante recaps the milestones the team has covered from introducing Anchor, the framework, and launch of Backpack, the wallet, to unveiling xNFTs, the protocol, and building the community, Mad Lads.
Lads, the time has come.We launched Anchor, the framework.
We launched Backpack, the wallet.
We launched xNFTs, the protocol,
We launched Mad Lads, the community.
And now, we launch X. https://t.co/TQ8ZIu8S6D
— Armani | X (@armaniferrante) October 31, 2023
Earlier today, Backpack announced that it will be launching an exchange following the acquisition of a crucial license from the Dubai Virtual Assets Regulatory Authority, known as VARA. According to the statement, the company has devis…
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