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Backpack pledges 20% equity to token stakers amid IPO plans
📰 sources⭐ 9.0

TL;DR:
The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62. 5% of tokens will be distributed to users.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.