Backpack Exchange successfully acquires FTX EU, expanding regulated crypto trading across Europe
01/07/25, 9:04 AM
Location
san bernardino
limassolIndustry
cryptocurrency
blockchain
financial services
financial services
finance
Backpack Exchange, a fully regulated global cryptocurrency exchange, has acquired FTX EU, the MiFID II-licensed former European arm of FTX. This acquisition expands Backpack's presence within the European Union and allows the offering of a full suite of crypto derivatives, including perpetual futures, to an underserved market.
Company Info
Location
San Bernardino, California, United States
Company info
Backpack Exchange is a fully regulated global cryptocurrency exchange building an innovative, easy-to-use and compliant trading platform for both experienced and new web3 users worldwide. Backpack currently serves users from over 150 countries and regions with more than $60 billion in trading volume.
The Backpack ecosystem comprises several products and services, including the popular Backpack Wallet (noncustodial), Backpack Exchange, and Mad Lads, the top NFT community in the Solana ecosystem.