Backpack Exchange Acquires FTX EU, Eyes Regulated Crypto Derivatives Market
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Backpack Exchange Acquires FTX EU, Eyes Regulated Crypto Derivatives Market

January 7, 2025
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In a strategic move set to reshape Europe’s crypto trading landscape, Backpack Exchange has acquired the European arm of the bankrupt FTX empire, FTX EU, for $32.7 million. This acquisition positions Backpack as a leading player in the burgeoning regulated cryptocurrency derivatives market across Europe. A MiFID II-License and New

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