What does this document say about
@Backpack ?
1. Spoiler alert. This team is working like crazy, away from the noise, the impatient crowd, and the lies.
And this team is working on things much bigger than crypto, things you won't see any hype about in the short term. Not sexy, not short-term. This has been the path they've chosen since day one.
2. In this document,
@Backpack requests confidentiality for the information provided. Why? Because to achieve the highest level of compliance, they have to give out very sensitive information. In my experience, this means sharing information about their financial structure, their algorithms, and their security plans.
And yes, Backpack aims for the highest level of compliance. And confidentiality is also important to avoid revealing their hand to their competitors. Backpack surely aspires to be what its competitors aren't... tic toc..
3. But Backpack has aslo the ambition to be much bigger than you imagine. "But Coach, why isn't the token pumping?"
I've been saying this for years: if you don't take the time to understand a project, don't get involved. If your expectations are more important than understanding a project's structure and strategy, you'll only waste your money and be unhappy.
Backpack token is one of the rare tokens whose value depends directly on the project's success. We all know those protocols that make billions while their tokens plummet. Backpack has chosen to link its token's value to its future success. And yes, future success, because Backpack isn't where it wants to be yet, and that's normal.
Some people talk about communication and marketing without having the slightest idea what they are. Some talk about volume. Yes, Backpack has the volume of a project in limbo.
But what's really happening behind the scenes, and again, what won't excite you, is what Backpack works for day and night: INSTITUTIONAL CREDIBILITY.
This is a fundamental step for the project, a fundamental step for Backpack's expansion. To become a regulated exchange worldwide. And more...
But you know what's really exciting? Backpack, "the project without users," has a seat on the DTCC working group.
On May 4, 2026, the DTCC (which handles the settlement of almost all stocks in the United States, with $114 trillion in custody) officially included Backpack in its industry working group dedicated to asset tokenization.
Not only will Backpack actively participate in defining the technical standards that will allow stocks and US Treasury bonds to circulate on blockchains, but more importantly, Backpack was chosen for its expertise in Solana/Cryptos, and its ultra-fast wallet/exchange infrastructure positions it as an ideal candidate to test interoperability between traditional assets and decentralized networks.
Pretty sexy, right? Now you want to know what I think about all this and what I've thought about Backpack since day one?
It's a paradigm shift. We're going from "crypto versus traditional finance" to "crypto is the infrastructure of traditional finance." For Backpack, this validates their rigorous compliance strategy and positions them at the center of the next wave of global liquidity: The tokenization of the real economy. It's that simple.
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@Backpack ๐