Mark Wetjen

Mark Wetjen is President of Backpack US. Wetjen brings decades of experience at the intersection of financial regulation, market structure, and digital assets.

He previously served as Commissioner and Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), the federal agency responsible for overseeing futures and derivatives markets in the United States. Beyond his government service, Wetjen held senior leadership roles at major financial market institutions, including Head of Global Public Policy at the Depository Trust & Clearing Corporation (DTCC) and CEO of MIAX Futures, a CFTC-regulated derivatives exchange.

He was also among the earliest U.S. regulators to publicly advocate for clearer regulatory frameworks and market infrastructure for crypto assets, well before the issue became a mainstream policy discussion.

Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use, and compliant trading platform for both experienced and new web3 users worldwide. Backpack currently serves users from over 150 countries and regions with more than $447 billion in trading volume.

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