Cryptocurrency exchange Backpack has announced the appointment of Mark P. Wetjen as President of Backpack US, a move aimed at accelerating the company’s expansion into the United States and strengthening its regulatory and institutional presence in the market. Wetjen brings decades of experience in financial regulation, policy, and digital asset markets, having previously served as...

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Shares of SOL Strategies, a publicly traded firm focused on infrastructure and investment in the Solana ecosystem, surged nearly 21% on Wednesday after the company reported strong growth across its validator network and staking business. The rally followed the firm’s February business update, which revealed significant expansion in its validator operations and rising staking revenue,...