Earlier today, the cryptocurrency exchange and wallet Backpack [@Backpack] announced its acquisition of the European branch of FTX [@FTX_Official], outlining its plans to offer regulated cryptocurrency derivatives across Europe 🌍
Founded in 2022 after raising $20 million, Backpack has positioned itself as a leading platform in the digital assets space 💹
This acquisition represents a significant step towards expanding its presence and services in regulated markets, particularly in Europe