Odaily Planet Daily News: Circle is about to land on NASDAQ. As a Web3 native enterprise with USDC issuers as its core, it has become another milestone in successfully entering the mainstream capital market in the United States after a few companies such as Coinbase. Industry insiders point out that traditional capital markets have a huge demand for exposure in the cryptocurrency field, but currently Web3 native enterprises that meet compliance requirements and can be effectively valued and publicly traded are still scarce.
In this context, Backpack is seen as the next strong candidate to approach the accepted structure of the US capital market. The appeal of Backpack lies not only in its innovative product matrix, but also in its complete layout in compliance awareness, entity registration, and product layering.
The market view believes that Backpack has shown great potential to become a "retail finance platform" in the Web3 era. Its rapid momentum in user growth, as well as its structure close to that understood by traditional financial markets, make it a striking potential target when seeking measurable and valuable cryptocurrency companies on Wall Street.
