Multicoin's Kyle Samani joins Backpack's US board

What's the deal? MulticoinDealroom has a profile for this one. Try Dealroom → co-founder Kyle Samani is joining the board of directors of Backpack US, the crypto company announced on September 2. Samani said on X that Backpack is his largest-ever personal angel investment.

Why it matters: A board seat ties one of crypto's prominent venture investors directly to Backpack's US operations, signalling conviction beyond a typical cheque.

The signal: Backing from a Multicoin co-founder — and his biggest angel bet — points to where seasoned crypto investors see the next growth.

Read more: bbx.com

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