๐ฅ Backpack Exchange Acquires FTX EU
Backpack Exchange has successfully acquired FTX EU, boosting its European expansion strategy!
๐ This deal, approved by both the FTX bankruptcy court and Cypriot regulator CySEC, positions Backpack for growth.
๐ With a MiFID II license in hand, Backpack plans to launch crypto derivatives, including futures, giving clients more opportunities.
โ๏ธThe company has pledged to compensate FTX EU clients, ensuring a smooth transition for users.