Backpack Exchange has made a breakthrough! 🚀 They have successfully acquired FTX EU, a major step in their global expansion. With approval from FTX’s bankruptcy court and CySEC, Backpack is ready to shake up the European market.

- This acquisition is more than just a news story. Backpack is looking to fill the void in the regulated European crypto space, leveraging FTX EU’s MiFID II license. This is great news for traders looking for a safe and regulated option.

- CEO Armani Ferrante emphasized that regulated trading is the future. With high regulatory standards, Backpack is ready to bring innovative and secure trading solutions to Europe.

- Get ready, Europe! Backpack EU will launch in Q1 2025. In addition to new services, Backpack will also handle bankruptcy claims for FTX EU customers. 🔥

Backpack’s journey shows that innovation and expansion go hand in hand. With this acquisition, Backpack is ready to become a major player in the European crypto market.