Backpack enters the forecasting market with its "Unified Forecasting Portfolio".

Backpack founder Armani Ferrante announced on the X platform the launch of its first product in the prediction market space: Unified Prediction Portfolio, with an invitation-only private beta test already underway. This product unifies the allocation of user funds across multiple products, including spot trading, spot leverage, lending, perpetual contracts, prediction markets, cryptocurrencies, and fiat currencies, through cross-margin and cross-collateral mechanisms.