**[Backpack Enters Prediction Market, Launches "Unified Prediction Portfolio"]** Backpack founder Armani Ferrante announced on the X platform that the trading platform has launched its first product in the prediction market sector: the Unified Prediction Portfolio, which has already begun an invitation-only private beta test. This product utilizes cross-margin and cross-collateral mechanisms to unify the allocation of user funds across multiple products, including spot trading, spot leverage, lending, perpetual contracts, prediction markets, cryptocurrencies, and fiat currencies. Ferrante stated that this system is not a simple repackaging of existing prediction market platforms but rather Backpack's native integrated system. All assets are tokenized and undergo unified risk assessment. Users can complete quoting, trading, and risk hedging through perpetual contracts within the same margin account. The product supports full-chain network connectivity, fiat channels, and various advanced order types. The platform plans to gradually expand the testing scope, increase the number of markets, and develop new mechanisms. The ultimate goal is to leverage its global compliance framework to expand services from the current coverage of 48% of the global regions to worldwide coverage.