Backpack’s acquisition of FTX EU expands its services across the European Union.

CEO Ferrante stresses the need for swift damage control to restore trust in the crypto industry.

FTX EU’s ownership history shows multiple attempts to acquire Backpack.$FTT $XLM $XRP

Backpack, a crypto exchange founded by former Alameda Research and FTX employees, has acquired FTX EU. The acquisition allows Backpack to expand its services across the European Union, with plans to offer crypto derivatives, including perpetual futures, starting in Q1 2025.#FTTTokenSurge #CryptoMarketDip #FTTAnalysis