---
title: 'Privacy Policy at Backpack'
canonical: 'https://feeny.ai/job/privacy-policy-backpack-r0nr5g9scfqs'
type: 'job'
last_seen: '2026-11-03'
---

# Privacy Policy at Backpack 

- **Company:** Backpack 
- **Last confirmed live:** 2026-11-03
- **Apply:** https://www.ashbyhq.com/privacy

## About Backpack 

## Core Business
- **Primary industry**: Cryptocurrency exchange, digital asset wallet, fintech / securities infrastructure
- **Target customers**: B2C (retail crypto traders and investors) and B2B (institutional partners via tokenization infrastructure)
- **Mission or purpose**: “Capital should work as one and move seamlessly across asset types and markets.” – Backpack is building a unified platform where traditional and digital assets coexist.

## Products & Services
- **[Backpack Exchange]**: A fully regulated global cryptocurrency exchange offering spot and derivative trading with over $447 billion in cumulative trading volume. Serves users from 150+ countries.
- **[Backpack Wallet & Browser Extension]**: A self-custodial wallet and browser extension for managing and transacting crypto assets across Solana, Ethereum, and other blockchains.
- **[Backpack Securities]**: Launched June 2026 – a regulated brokerage platform that provides real equity ownership in U.S. stocks and a tokenization infrastructure to convert securities between traditional and blockchain-based formats. Tokenized securities are available 24/7 on Solana in partnership with Sunrise.

## Market Standing
- **Valuation**: Not disclosed (private)
- **Key Metric**: Total funding raised – conflicting reports: $17M (Series A led by Placeholder, Feb 2024) per builtin.com, or $37M total per CBInsights. Also acquired FTX EU for $32.7M in Jan 2025.
- **Notable Investors/Partners**: Placeholder (lead), Hashed, Amber Group, Wintermute Ventures, Selini Capital, and 9+ other investors.
- **Growth Signals**:
  - 1 million+ users
  - Headcount growth of +49.2% YoY (63 employees per LinkedIn, 86 per builtin.com)
  - Launched Backpack Securities in June 2026, bridging traditional and digital asset markets
  - Expanding into yield, derivatives, payments, and prediction markets

## Competitive Advantages
- **Regulatory-first approach**: Fully compliant exchange with licenses in multiple jurisdictions, including the acquisition of FTX EU for European market access.
- **Self-custodial wallet**: Users retain control of their private keys while accessing exchange liquidity.
- **Unified platform**: Only player combining a regulated brokerage (real stock ownership) with tokenization infrastructure, allowing seamless conversion between traditional securities and blockchain tokens.
- **Strong engineering culture**: Heavy use of Rust for systems and infrastructure, React Native for mobile, and a focus on shipping rapidly.

## Strategic Focus
- **Bridging traditional and digital assets**: Backpack Securities is the centerpiece – offering real equity ownership alongside tokenized securities to create a single portfolio experience.
- **Global expansion**: Already operating in 23+ countries, with plans to deepen presence in the U.S., UAE, Europe, and Asia.
- **Product diversification**: Moving beyond spot crypto into yield products, derivatives, payments, and prediction markets.

## Why Work Here
- **Culture**: “Ship relentlessly” – a fast-paced, engineering-driven environment with a flat hierarchy and high ownership. Described as a place where you can “create your role” and have a direct impact.
- **Remote/Hybrid policy**: Remote-first with some on-site offices (San Francisco). Many roles are fully remote, but some require in-office presence (e.g., San Francisco).
- **Notable perks**: Not explicitly listed, but the company offers the chance to work on cutting-edge blockchain and fintech infrastructure, with a global team spanning 23 countries.
- **Engineering culture**: Heavy use of Rust, React, React Native, and blockchain technologies. Emphasis on compliance, security, and performance.

## Sources
1. [backpack.exchange](https://backpack.exchange/)
2. [jobs.ashbyhq.com/backpack](https://jobs.ashbyhq.com/backpack)
3. [builtin.com](https://builtin.com/company/backpack-backpackexchange)
4. [linkedin.com](https://www.linkedin.com/company/backpackexchange)
5. [cbinsights.com](https://www.cbinsights.com/company/backpack-exchange)

## Other roles at Backpack 

- [Vulnerability Disclosure](https://feeny.ai/job/vulnerability-disclosure-backpack-zcmmnfwjnebd)
- [Security](https://feeny.ai/job/security-backpack-7fcgtmnsdx7n)
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