Key Highlights
Backpack has announced the appointment of former CFTC Acting Chairman Mark Wetjen as U.S. President
At the CFTC, Wetjen supervised derivatives regulations under Dodd-Frank and chaired the agency’s inaugural public meeting on Bitcoin and crypto derivatives in October 2014
His appointment comes after the platform launched on-chain IPO access to subscribe to SEC-registered equities tokenized on Solana with on-chain allocations and settlement
On March 5, Backpack announced the appointment of Mark Wetjen as President of Backpack U.S. Wetjen will help the company to expand its operations in the U.S in a regulated manner. In the past, he worked as a Commissioner of the Commodity Futures Trading Commission from 2011 to 2016 and as Acting Chairman in late 2013.
We’re excited to welcome Mark Wetjen as President of Backpack US.
Mark previously served as CFTC Commissioner & Acting Chairman and Head of Global Public Policy at DTCC, and was among the fir
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