Multicoin Co-Founder Kyle Samani Says He Made Biggest-Ever Angel Investment in Backpack
Bloomingbit Newsroom
Summary
- Kyle Samani, co-founder of Multicoin Capital, said he made his largest-ever angel investment in digital-asset trading platform Backpack (BP).
- Odaily reported that Samani said he recently made the biggest investment among his angel investments in Backpack.
- On Sept. 2, Backpack said Samani had joined the board of its U.S. entity, BackpackUS, adding that the future of global finance lies in combining institutional-grade risk management with the efficiency and transparency of on-chain markets.
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Kyle Samani, co-founder of Multicoin Capital, said he made his largest-ever angel investment in digital-asset trading platform Backpack (BP).
Odaily reported on Oct. 11 that Samani recently announced Backpack was the biggest investment among his angel deals. He did not disclose the size of the investment.
Backpack said on Sept. 2 that Samani had joined the board of its U.S. entity, BackpackUS. At the time, the company said the future of global finance lies in combining institutional-grade risk management with the efficiency and transparency of on-chain markets.
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