BACKSEAT, a burgeoning Japanese cryptocurrency exchange operator, has successfully secured $9.69 million in seed funding. This significant investment round was spearheaded by Spiral Capital, signaling strong confidence in BACKSEAT's vision and potential within the Japanese crypto market. The newly acquired funds will be strategically allocated across several key areas. A primary focus will be on accelerating product development, enabling BACKSEAT to enhance its platform and introduce innovative features to attract and retain users. Talent acquisition is another crucial priority, as BACKSEAT aims to build a robust team of experts to navigate the complexities of the crypto landscape. Furthermore, a portion of the funding will be dedicated to organizational strengthening, ensuring the company has a solid foundation for sustainable growth and regulatory compliance within Japan. This seed funding marks a pivotal moment for BACKSEAT as it seeks to establish itself as a leading player in the Japanese crypto exchange arena. ```