![Ep.52 [EN]: Armani Ferrante: Backpack and its multi-cycle ambition](https://image.simplecastcdn.com/images/93f11947-2662-4c62-b3e5-c67fa53e3928/06952937-91fa-4c0f-8e76-8424ce35092b/3000x3000/hodlong.jpg?aid=rss_feed)
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<p>In this episode I had the CEO of Backpack, Armani Ferrante on. It was a great conversation in their Tokyo office. Our conversion covered from his view on centralized exchanges to what he thinks of non-custodial wallets. We also discussed a lot beyond the business of Backpack. If you're interested, you should tune in yourself!</p><p>Show Notes: </p><ul><li>The background of Armani, and the history of Backpack</li><li>What does a FTX-shaped hole in the market look like</li><li>How and why important centralized exchanges are to the industry</li><li>Congratulations on your public beta that was announced 2 weeks ago. Since the launch, what were the exciting updates?</li><li>You guys have been working hard long before this Public Beta. What were some of the preparation work?</li><li>The pivotal licenses to acquire</li><li>The important markets for Backpack</li><li>Web3 teams in the US under Trump administration</li><li>Institution volume vs retail volume</li><li>Mobile experience of Backp...