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Backpack US adds Kyle Samani to board to boost regulated financial services expansion in the US.

Market News
03 Sep 2026
Crypto news
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Bullish
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Backpack US appointed Kyle Samani, cofounder of Multicoin Capital and early Solana investor, to its board of directors to support its expansion in regulated U.S. and onchain financial markets. Samani brings experience in decentralized finance, venture capital, and public company governance, enhancing Backpack's strategy to connect traditional finance with blockchain infrastructure. The company serves users in over 150 countries and processes more than $450 billion in volume but has not disclosed specific regulatory licenses or product details tied to this appointment. This move strengthens Backpack’s governance as it grows its regulated financial offerings, including equity and tokenized asset trading, though regulatory approvals and product specifics remain forthcoming.

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