🚀 Big news in the crypto world! FTX EU has been snapped up by Backpack Exchange, a company founded by former Alameda Research and FTX folks. With a $32.7M price tag, Backpack is set to shake things up in the EU by offering regulated perpetual futures, making them the only player in town with this edge! 🎉

CEO Armani Ferrante is optimistic, aiming to launch in Q1 2025. As the crypto landscape evolves, could this be a game-changer for the EU market? Share your thoughts below! 👇

With Bitstamp and Coinbase also holding MiFID II licenses, who do you think will lead the charge in the crypto derivatives space?