---
title: "Backpack CEO Says Five-Person Team Could Build Next Robinhood"
url: https://thecoingazette.com/backpack-ceo-says-five-person-team-could-build-next-robinhood/
date: 2026-11-06
modified: 2026-11-06
lang: en
author: "Coin Gazette Editorial"
description: "Armani Ferrante said open developer APIs could lower costs for financial products recreated with smart contracts."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 16
---

# Backpack CEO Says Five-Person Team Could Build Next Robinhood

Armani Ferrante said open developer APIs could lower costs for financial products recreated with smart contracts.