E165: Backpack CEO: How I Survived Crypto's Biggest Collapse, Then Built a $420B Exchange

E165: Backpack CEO: How I Survived Crypto's Biggest Collapse, Then Built a $420B Exchange

April 2, 2026 · 1h 23m · Episode 165

About this episode

Armani Ferrante discusses his journey from surviving a major crypto collapse to founding a successful global crypto exchange.

Armani Ferrante is the Founder and CEO of Backpack, a regulated global crypto exchange with over $420 billion in trading volume and one of the leading builders in the Solana ecosystem. THE SHIFT NEWSLETTER 💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter ___________ PARTNERS 🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/ 💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT 🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=102... 🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/ ⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging…

People in this episode

Host: Kevin Follonier

Guest: Armani Ferrante

Topics covered

Keywords

Sponsors

Jupiter, KAST, Trezor, Bitwise Asset Management, Ethena, Sumsub

Mentioned in this episode

Organizations: Backpack, Solana

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