Nathan Smith, a former engineering leader at Coinbase, has been appointed as the Chief Operating Officer at Backpack Exchange on April 2, 2026. In his new role, Smith will be responsible for overseeing operations and facilitating the expansion of regulated on-chain financial infrastructure globally. This move comes as Backpack Exchange seeks to scale its organizational structure to support growth in the industry. Smith's experience in engineering and leadership will be instrumental in guiding the company through this phase of expansion.