Multicoin Co-Founder Kyle Samani Says He Made Biggest-Ever Angel Investment in Backpack
Uk Jin
Summary
- Kyle Samani, co-founder of Multicoin Capital, said he made his largest-ever angel investment in digital-asset trading platform Backpack.
- Odaily reported that Samani recently announced he made the biggest investment of his angel portfolio in Backpack.
- On Sept. 2, BackpackUS said that with Samani joining its board, 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.
Odaily reported on Oct. 11 that Samani recently announced Backpack was the biggest angel investment he has made to date. The size of the investment was not disclosed.
Backpack said on Sept. 2 that Samani had joined the board of BackpackUS, its U.S. entity. 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.
Uk Jin
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