Backpack is a regulated, multi-jurisdictional cryptocurrency company founded in 2022, built around two core products: a centralized exchange (CEX) licensed under VARA (Dubai), CySEC (EU), and other frameworks, offering spot, margin, and futures trading from a single cross-margined account with zero-knowledge proof of reserves; and a self-custodial multi-chain wallet supporting Solana, Ethereum, and more, featuring pioneering xNFT technology, NFT collection locking, hardware wallet integration, and scam detection — together forming a vertically integrated platform that combines the security of self-custody with the liquidity and compliance of a regulated exchange.