🚀 Exciting news in the crypto world! Backpack Exchange, led by ex-FTX execs, has acquired FTX EU, marking its entry into the European market. This move, approved by both the FTX bankruptcy court and Cyprus Securities and Exchange Commission, allows Backpack to offer MiFID II-regulated crypto products like perpetual futures.

With other exchanges exiting Europe, Backpack aims to fill the gap with secure, transparent trading. Launch set for Q1 2025! 💼

What are your thoughts on this bold move? Share in the comments!