BACKPACK SECURES FTX EU IN $120M PUSH
Backpack Exchange grabs FTX EU with court and CySEC approval—stepping into the MiCA-regulated EU scene.
Perps and crypto derivatives are dropping in Q1 2025, backed by SEPA payments for smooth euro transfers.
CEO Armani Ferrante, ex-Alameda, pledges to fast-track claims for FTX EU users.
Backpack’s $120M valuation proves ex-FTX brains still bring heat—despite SBF's 25-year crash-and-burn.
Source: The Block$ETH