States Where We Operate

Trek Labs, Inc. As of September 2026

Trek Labs, Inc. is registered as a Money Services Business with the Financial Crimes Enforcement Network ("FinCEN"), which is a bureau of the U.S. Department of the Treasury. The FinCEN registration number for Trek Labs, Inc. is 31000339714338.

Trek Labs, Inc. also holds licenses in the following U.S. jurisdictions. Additional information on certain state-level licenses may be obtained by accessing the Nationwide Multistate Licensing System (NMLS) Consumer Access website and referencing NMLS ID 2665675.

US State	License Type	Status¹ ²	License Number	Regulator
Alabama	-	Coming Soon	-	-
Alaska	-	Coming Soon	-	-
Arizona³	Money Transmitter License	Available	MT-2020030	Arizona Department of Insurance and Financial Institutions (DIFI) 100 N 15th Ave, Suite 261 Phoenix, AZ 85007
Arkansas	-	Coming Soon	-	-
California⁴	DFPI Digital Financial Assets Law (DFAL) License	Available	2665675	Department of Financial Protection and Innovation 651 Bannon Street, Suite 300 Sacramento, CA 95811 [phone]
Colorado	-	Available	-	-
Connecticut	-	Coming Soon	-	-
Delaware	Check Seller, Money Transmitter License	Available	042857	Delaware Office of the State Bank Commissioner 1110 Forrest Avenue Dover, DE 19904
District of Columbia⁵	Money Transmitter License	Available	MTR2665675	District of Columbia Department of Insurance, Securities and Banking (DISB) 1050 First Street, NE, Suite 801 Washington, DC 20002
Florida	-	Coming Soon	-	-
Georgia	-	Coming Soon	-	-
Hawaii	-	Available	-	-
Idaho	-	Coming Soon	-	-
Illinois⁶	Money Transmitter License	Available	MT.0000531	Illinois Department of Financial and Professional Regulation 555 West Monroe St., 8th Floor Chicago, IL 60661
Indiana	-	Available	-	-
Iowa	Money Services License	Available	2025-0047	Iowa Division of Banking 200 E. Grand Avenue, Suite 300 Des Moines, IA 50309
Kansas	-	Coming Soon	-	-
Kentucky	-	Coming Soon	-	-
Louisiana	-	Coming Soon	-	-
Maine	-	Coming Soon	-	-
Maryland⁷	Money Transmitter License	Available	2665675	Maryland Office of Financial Regulation 100 S. Charles Street Tower 1, Suite 5300 Baltimore, MD 21201
Massachusetts	-	Coming Soon	-	-
Michigan	-	Available	-	-
Minnesota	-	Coming Soon	-	-
Mississippi	Money Transmitter License	Available	2665675	Mississippi Department of Banking and Consumer Finance Post Office Box 12129 Jackson, MS 39236
Missouri	Sale of Checks and Money Transmitter License	Available	MO-25-9773	Missouri Division of Finance Truman State Office Building Room 630 Jefferson City, MO 65102
Montana	-	Available	-	-
Nebraska	-	Coming Soon	-	-
Nevada	-	Coming Soon	-	-
New Hampshire	Money Transmitter License	Available	2665675MT	New Hampshire Banking Department 53 Regional Drive Suite 200 Concord, NH 03301
New Jersey	Money Transmitter License	Available	2406534	Department of Banking and Insurance Licensing Services Bureau - Banking PO Box 473 Trenton, NJ 08625-0473
New Mexico	-	Coming Soon	-	-
New York	-	Coming Soon	-	-
North Carolina	-	Coming Soon	-	-
North Dakota	-	Coming Soon	-	-
Ohio	-	Coming Soon	-	-
Oklahoma	Money Transmission License	Available	2665675	Oklahoma Banking Department 2900 North Lincoln Boulevard Oklahoma City, OK 73105
Oregon⁸	Money Transmitter License	Available	2665675	Oregon Division of Financial Regulation P.O. Box 14480 Salem, Oregon 97309-0405
Pennsylvania	-	Coming Soon	-	-
Rhode Island	-	Coming Soon	-	-
South Carolina⁹	Money Transmitter License	Available	2665675	South Carolina Office of the Attorney General Money Services Division of Banking 1000 Assembly Street, Room 519 Columbia, SC 29201
South Dakota	-	Coming Soon	-	-
Tennessee	Money Transmitter License	Pending Application	-	-
Texas	-	Coming Soon	-	-
Utah	-	Available	-	-
Vermont	-	Coming Soon	-	-
Virginia	-	Available	-	-
Washington	-	Coming Soon	-	-
West Virginia	-	Coming Soon	-	-
Wisconsin	-	Available	-	-
Wyoming	-	Available	-	-
U.S. Virgin Islands	-	Available	-	-
Puerto Rico	-	Coming Soon	-	-

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Footnotes

¹ "Pending Applications" denotes applications that have been filed by Trek Labs, Inc. with the requisite State licensing authority and is awaiting a final approval decision.

² "Coming Soon" denotes applications that Trek Labs, Inc. is currently preparing to file at a future date.

³ Arizona. If you have a question or complaint, please first contact support at [e-mail] or [phone] or at its mailing address: 2 Embarcadero Ctr. #08-133 San Francisco, CA 94111. Unresolved consumer complaints regarding Backpack’s services may also be directed to the Arizona Department of Financial Institutions, please contact, or send correspondence to: Financial Services Consumer Service Section Arizona DIFI 100 N 15th Ave, STE 261 Phoenix AZ 85007-2630 Email: [e-mail] How to file a complaint: https://difi.az.gov/file-a-complaint

⁴ California. Cryptocurrency services are offered through an account maintained by Trek Labs, Inc. d/b/a Backpack Exchange ("Backpack") (NMLS ID #2665675). Assets held by Backpack are not FDIC insured or SIPC protected. Certain transfers or exchanges of digital financial assets may be irrevocable; please review our User Agreement for details on which transactions may be reversed and under what circumstances, including any applicable refund or cancellation rights. Backpack Exchange’s authority to engage in money transmission activity in California is licensed and regulated by the California Department of Financial Protection and Innovation (DFPI) and, as applicable, the Digital Financial Assets Law. If you have a complaint, please contact us first at [e-mail] or toll-free at [phone]. Unresolved complaints may also be submitted to the DFPI: California Department of Financial Protection and Innovation Phone: [phone] Online Complaint Form: https://dfpi.ca.gov/file-a-complaint Website: https://dfpi.ca.gov

Virtual currency is not legal tender in the United States. Transactions in virtual currency may be subject to market volatility risk and may not be reversible once initiated. The licensee is not responsible for loss due to market value fluctuation or third-party security failures. Please be aware of fraud and potential scams. To report fraud or suspected fraud, contact us at [e-mail].

⁵ District of Columbia. If you have a complaint, please contact us first at [e-mail] or toll-free at [phone]. If you still have an unresolved complaint regarding Trek Labs, Inc.'s money transmission activity, you may file it by contacting the Department at: District of Columbia Department of Insurance, Securities and Banking 1050 First St., NE, Suite 801 Washington, DC 20002 Phone: [phone] Fax: [phone] E-mail: [e-mail] Consumer Complaint Form Mail-in Version

⁶ Illinois. If you are located in the State of Illinois and have a complaint, please first contact Customer Support here: https://support.backpack.exchange/. If you still have an unresolved complaint or for suspected violations of the Illinois Transmitters of Money Act, please contact the Illinois Department of Financial Institutions at 1-888-473-4858, or submit an online complaint at https://idfpr.illinois.gov/admin/complaints.html. IDFPR, Division of Financial Institutions 555 W. Monroe, 5th Floor Chicago, IL 60661

⁷ Maryland. If you are located in the State of Maryland and believe that your account has been accessed without your authorization, you did not initiate a transaction, are not the intended recipient of a transmission, or should you have any other questions or concerns regarding Backpack’s services, please first contact support at [e-mail] or toll free at: [phone]. The Office of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding Trek Labs, Inc., NMLS #2665675 at: Maryland Office of Financial Regulation 100 S. Charles Street Tower 1, Suite 5300 Baltimore, MD 21201 Telephone: [phone] Toll-free: 1-888-784-0136 Fax: [phone] [e-mail] NMLS Consumer Access: https://www.nmlsconsumeraccess.org/

⁸ Oregon. If you are located in the State of Oregon and have a complaint or concern about your transaction, please contact Backpack at 833-623-5237 or visit https://support.backpack.exchange/. If you still have an unresolved complaint regarding our money transmission activity, you may also direct your complaint to the attention of: Oregon Division of Financial Regulation P.O. Box 14480 Salem, Oregon 97309-0405 Phone: [phone] (toll-free in the USA) Please visit: website for additional information.

⁹ South Carolina. If you have a complaint or concern about your transaction, please contact Backpack Exchange at 833-623-5237 or visit https://support.backpack.exchange/. If you still have an unresolved complaint about Backpack Exchange, you may contact: South Carolina Money Services Division 1000 Assembly Street, Columbia SC 29201 1-803-734-1221 https://tinyurl.com/SCMSB