Backpack Launches Unified Prediction Market Portfolio for Global Traders
On January 13, Armani Ferrante, the CEO of Backpack, the company’s new unified prediction portfolio. The functionality is currently available only to a small group in a private beta. It promises to combine multiple into a single margin account, making it easier for traders worldwide to trade cryptocurrencies, fiat, and derivatives.
Unified Portfolio assists Solve significant difficultys in the Market
Ferrante pointed out long-standing difficultys with traditional prediction markets, where money is often stuck in one place for the whole event. He said that this structure creates high opportunity costs and makes it harder for traders to capitalize on new opportunities.
The unified prediction portfolio aims to address these difficultys by enabling customers to move money easily between Backpack’s markets. Traders can now trade spot, margin, and , take loans, and make predictions without breaking up their balances or losing access to other positions.
“This isn’t just another layer on top of Kalshi, Polymarket, or any other prediction market platform. “This is a new system that works with backpacks and has everything tokenised and risk-profiled,” Ferrante . “With this, you can do things like quote on price predictions, get filled, and hedge on the perp, all in one margin account.”
Ferrante stressed that the system’s design lets you hedge right away with perpetuals and provides access to advanced order types such as time-weighted average price (TWAP), take-profit/stop-loss (TP/SL), and grid bots. and currency gateways are also built in, giving you everything you need to manage your portfolios in one spot.
Beta Phase Focuses on Risk Engine and Expansion
The main goal of the private beta is to test the most critical parts, especially the risk engine that powers the unified portfolio. Ferrante that Backpack aims to sluggishly grow its test group, using user feedback to improve functionality and expand into more markets over time.
The beta will be available first to the most active traders on Backpack’s marketplace, using the company’s current registration process. Ferrante said that feedback from ahead testers would make sure that all testers have a excellent time in the next few months.
This rollout aligns with Backpack’s broader plans for 2026, which include the fourth season of its platform and further regulatory coverage to reach 48% of the global market.
Cards, stocks, vaults, and pre-market perpetuals are among the new products. This makes Backpack a vertically integrated player in both crypto and finance. Ferrante said that the platform’s new features might enable trading in ways never viewn before in either the cryptocurrency or industries.
