**[Backpack Enters Prediction Market, Launches "Unified Prediction Portfolio"]** BlockBeats News, January 14 – Backpack CEO Armani Ferrante announced the launch of Backpack's first product in the prediction market sector: the Unified Prediction Portfolio. The Unified Prediction Portfolio is not a simple wrapper for prediction market platforms like Kalshi or Polymarket but rather a brand-new native system developed by Backpack. Users can perform quoting, trading, and hedging operations within a single margin account. Funds can not only be used for predictions but also seamlessly applied across all predictions on the Backpack platform without fragmenting account balances or affecting other investments, utilizing cross-margining and cross-collateralization. Currently, the Backpack Unified Prediction Portfolio has launched a private beta version available only to invited participants, aiming to build the most cutting-edge cryptocurrency and financial prediction market.