Breaking: Backpack Exchange Acquires FTX EU Amid Global Expansion Plan
Backpack Exchange acquires FTX EU, expanding its global presence and planning to launch regulated crypto trading services in the European Union in Q1 2025.
FTX Clarifies Certain Statements by Backpack Regarding Backpack's Purported Acquisition of FTX EU
FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today clarify certain statements made by the Backpack entities ("Backpack") regarding Backpack's purported acquisition of FTX EU Ltd ("FTX EU") and return of funds to former FTX EU customers.
Ex-FTX Employees’ Backpack Exchange Buys FTX EU for $32.7M, Will Refund Customers
Backpack Exchange, founded by former FTX/Alameda employees, has acquired FTX EU for $32.7M with plans to become Europe's sole regulated crypto derivatives platform by 2025.
FTX EU sold to former FTX employees’ Backpack Exchange for $32.7 million
Backpack acquires FTX EU for $32.7M, gaining CySEC approval to offer regulated perpetual futures in the EU by Q1 2025.
FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe
FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million.
Backpack Exchange Acquires FTX EU, Plans Relaunch In Q1 2025
The Acquisition approved by the FTX bankruptcy court and Cyprus Securities and Exchange Commission (CySEC) will allow Backpack Exchange to offer expanded Cryptocurrency products and services in the EU region. This acquisition also transfers FTX EU's bankruptcy claim to Backpack.
Backpack Exchange acquires FTX EU to offer MiFID II-compliant perpetual futures in Europe
Backpack Exchange has successfully acquired FTX EU, the MiFID II-licensed former European arm of FTX, in a move that cements the global cryptocurrency exchange's play in Europe.
Backpack Exchange Acquires FTX EU: What It Means for Creditors
Backpack acquires FTX EU, bringing regulated crypto trading to Europe. The acquisition emphasizes trust, restitution, and innovative products.
Backpack Announces Acquisition of FTX EU, Expands Crypto Trading Across Europe
With the acquisition, Backpack's new EU arm will offer a full suite of crypto derivatives throughut the European Union including perpetual futures, a market where no regulated crypto derivatives currently exist, as unregulated offshore exchanges have been forced to wind down their unlicensed European operations.
Backpack Exchange acquires FTX EU, expanding its presence in the EU digital asset market
The centralized crypto exchange Backpack announced on January 7 that it had successfully acquired the defunct crypto exchange FTX’s European branch, FTX EU. The exchange confirmed that FTX EU, which would become Backpack EU,
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