logo

Backpack CEO: Coin Issuance Progressing Rapidly

By: theblockbeats.news|2025/07/13 11:21:55

BlockBeats News, July 13th. In response to community KOL @hebi555's post regarding "The time for BP to issue coins may take a long time, so everyone be prepared for a marathon," Backpack CEO Armani Ferrante replied, stating, "It's an exaggeration. Our progress is very fast, even faster than you imagine."


Previously, Armani Ferrante had stated, "I can't give an exact answer. Based on other successful token programs, it could be up to a year at most (we have 10 weeks per quarter). We will flexibly adjust based on regulatory progress. It may be shorter or slightly longer, but I expect it not to exceed a year. However, I don't want to make any guarantees because these processes are both lengthy and complex, involving many different parties."

PENGU 24-hour Price Change Widens to 16%, Market Cap Rises to $1.614 Billion
Analysis: Trump's New Tariff Threat Would Have a Negative Impact

You may also like

Share
copy

Gainers

Latest Crypto News

06:15

Yellen's appointment as Fed Chair probability soars to 35%, emerging as the top favorite

05:45

A certain AAVE whale has once again bought the dip, acquiring over 40,000 AAVE in the past 5 days.

05:15

The "Cool-headed Lone Wolf" has been involved in large-scale settlements for 7 consecutive days, and the total balance in the account is now less than $50,000

05:15

In the past 7 days, only 11 public blockchains had fee revenue exceeding $100,000

05:15

Switzerland Delays Cryptocurrency Tax Information Sharing Until 2027

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]