According to CoinMeta, co-founder Multicoin Capital and Kyle Samani announced that their largest individual angel investment has been directed towards Backpack. On September 2nd, Backpack announced that Kyle Samani has joined the board of directors of Backpack US. Samani has long been paying attention to DEFI, blockchain infrastructure, and the development of global capital markets. Backpack stated that this appointment reflects a common judgment by both parties, which is that the future of global finance will combine institutional-level risk control with the efficiency and transparency of on-chain markets.