
Vand Ni|Asian bro|Aug 01, 2025 08:11
There is news that the Backpack wallet and exchange support the SEI network
Many people may not be familiar with Backpack
The company behind Backpack is Trek Labs/Coral, founded by former core technical personnel from FTX, Alameda, and Solana
Backpack is also a compliant exchange licensed by the Dubai Virtual Asset Regulatory Authority (VARA), with each exchange having its own chain. Solana and SUI each have their own historical baggage, and SEI is currently very clean
Sei has now become the recommended network for Backpack, supporting native USDC. I think there are two trends:
-Supporting asset distribution for the Sei ecosystem
-Choosing Sei as an important member of the exchange's public chain ecosystem is like Binance's crazy launch of Solana's ecosystem assets last year, creating a user asset accumulation
SOL and SOL based assets such as Lafite bring about an increase in Binance's capital accumulation. As a new exchange, Backpack also requires users to have "money" to rush in
Sui is not suitable, BNB is not suitable, Sol is not suitable, I don't know if this native support is just choosing SEI, wait and see
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