Trek Labs Japan K.K. — Japanese Crypto-Asset Exchange Operator (Preparatory Entity)
ConfidenceLikelyUpdated2026-07-29Review by2027-01-29Sources6Machine-translatedOriginal (JA)
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This entry sits under exchanges index. Read it with FSA crypto-asset exchange registration system — number system / Local Finance Bureau jurisdiction / registration requirements for adjacent context and Japan Financial Regulation — Legal Framework for Tokens, Crypto Assets, and Payments for the broader system boundary.
FSA registration number unregistered as confirmed on 2026-07-29 · JVCEA member #2034 (Type II member) · JVCEA joined 2024-12-05
Trek Labs Japan K.K. is the Japanese entity of Trek Labs, which operates the global crypto-asset exchange Backpack Exchange. It was not listed in the FSA crypto-asset exchange operator register reviewed on 2026-07-29 and was listed by the JVCEA as Type II member #2034. Type II membership alone does not establish the filing stage of an individual company.
1. Corporate entity / shareholders
- Trade name: Trek Labs Japan K.K. (English: Trek Labs Japan K.K.)
- Brand name: Backpack Exchange
- Date of establishment: 2023 年 4 月 18 日
- Head-office location: 〒160-0023 6 -chome 11 -ban 3 号 D Tower Nishi-Shinjuku, Nishi-Shinjuku, Shinjuku-ku, Tokyo
- Parent company: Trek Labs (global entity · headquartered in Dubai)
- Listing status: unlisted
Trek Labs Japan is a Japanese group entity established for the purpose of Backpack Exchange global’s entry into the Japanese market; it is not an independent exchange business entity, and its official website explicitly states that it is building a structure to start services for Japan after obtaining FSA registration.
2. License / registration status
- Crypto-asset exchange business (FSA): unregistered in the FSA register reviewed on 2026-07-29
- JVCEA member: Type II member #2034 (joined 2024 年 12 月 5 日)
- JCBA member: associate member (Japan Cryptoasset Business Association)
JVCEA Type II membership is a category for operators applying or planning to apply for registration, but it does not by itself prove that a particular member has filed or establish its review stage. This entry therefore does not infer Trek Labs Japan’s filing stage or expected registration date.
3. Handled currencies
- The FSA register and the Japanese entity’s official page reviewed on 2026-07-29 do not establish a registered crypto-asset exchange service or supported-asset list for Japan. Assets available on the global service are not treated as Japan products.
4. Scope of business
- According to the official website, in Japan it plans to provide “services that customers can use with peace of mind through mobile applications and internet sites”
- Concrete Japan products and deposit/withdrawal functions will be added only after an official post-registration disclosure.
5. Market share / trading volume
- Because the company was not listed in the FSA crypto-asset exchange operator register as of 2026-07-29, this entry does not assess its Japan trading volume, account count, or market share. Global service user and trading-volume figures are not attributed to the Japanese entity.
6. History / major incidents
The table below is limited to milestones of the Japanese entity that can be confirmed from Trek Labs Japan’s official company page, the current JVCEA member list, and the current FSA register. Events involving global Backpack, Coral, FTX EU, or Mad Lads are not treated as the Japanese entity’s legal history. ^[Sources: https://jp.support.backpack.exchange/; https://jvcea.or.jp/member/; https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx.]
| Period | Event |
|---|---|
| 2023 年 4 月 18 日 | Established Trek Labs Japan K.K. in Shinjuku-ku, Tokyo |
| 2024 年 12 月 5 日 | Trek Labs Japan K.K. joined as JVCEA Type II member #2034 |
| Confirmed 2026-07-29 | Still listed as JVCEA Type II member #2034 and absent from the FSA crypto-asset exchange operator register |
7. Strategic developments
- The official Japanese entity page says that Trek Labs Japan intends to pursue its corporate philosophy in the Japanese market in the future. The verifiable regulatory status as of 2026-07-29 is JVCEA Type II membership and absence from the FSA register; this entry does not infer whether an application has been filed, its review stage, an expected registration date, or planned products.
8. Related people
- Armani Ferrante: Backpack Exchange global CEO / co-founder. Having experienced technology and regulatory response in the former FTX era, he founded Trek Labs via Coral. He led the construction of the non-custodial model. He is also named as CEO in statements related to the FTX EU acquisition
- Tristan Yver: Trek Labs co-founder (mentioned by CoinPost and others). In charge of global deployment
- Can Sun: Trek Labs Japan K.K. Representative Director CEO (per the official website)
- Solana founder Anatoly Yakovenko: Participated as a Backpack Series A investor and officially issued comments
Related
- japan-financial-regulation — Japanese financial regulation as a whole
- japan-stablecoin-regulatory-landscape — related stablecoin framework
- solana-saga-seeker-mobile-stack-overview — Solana Saga mobile stack
- Peers (foreign-affiliated JVCEA Type II members): jp-exchange-laser-digital-japan · jp-exchange-saxo-bank-japan
- solana-ecosystem-dex-comparison — Solana ecosystem DEX comparison
- jvcea-type2-associate-membership-system — JVCEA Type 2 associate membership system
- ftx-japan-100pct-return-case-study — FTX Japan 100% return case study
Sources
- Trek Labs Japan 公式コーポレートサイト（Backpack Japan）（取得 2026-05-18）
- JVCEA 会員一覧 — 第二種会員 #2034（取得 2026-05-18）
- JCBA 会員一覧 — 準会員（取得 2026-05-18）
- CoinPost: JVCEAがTrek Labs Japanを第二種会員に登録（2024-12-09）（取得 2026-05-18）
- CoinPost: Backpack 25億円調達 FTX破綻の影響乗り越え（2024-02-29）（取得 2026-05-18）
- CoinPost: BackpackがFTX欧州部門を買収（2025-01-07）（取得 2026-05-18）
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