He Moved to Tokyo to Build This | Backpack CEO Armani Ferrante
Backpack Founder Armani Ferrante on the plan to take a crypto exchange global, country by country:
"We literally sat down in an office in Chicago, took a map of the world, color-coded it, and created a plan for the next several years of how we were going to go into every single country, work with the local regulators, build up teams, go ahead and get licensing, work on crypto, work on derivatives, work on equities...
And so that's exactly what we've been doing for the past several years. We started in the UAE. We got licensed out of Dubai. We've been working on Europe for three years.
"I moved to Japan. I've been living in Tokyo for the past three going on four years at this point. Not because I like the sushi. I love Tokyo. It's a beautiful country and amazing culture. But we really wanted to work there to bring a modern exchange there, and most notably in the U.S.
So we've been doing this all around the world and really been taking this very slow, very steady path."
— Armani Ferrante, CEO of Backpack on @RaoulPalTJM
