Multicoin Capital former co-founder's latest update: Joins Backpack US board, previously considered exiting the crypto space

Odaily News, Backpack officially announced that Kyle Samani, former co-founder of Multicoin Capital and early investor in Solana, has now joined the Backpack US board of directors.

Previously, Kyle Samani had publicly expressed intentions to step away from the crypto industry, signaling a gradual exit to focus on personal investments. In February of this year, he posted that "cryptocurrency is not as interesting as expected, and blockchain has limited potential," but later deleted the post.