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Backpack
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CryptoCurrency
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
2025-09-08T10:55:36.086+02:00
Backpack Exchange bought FTX's EU unit and MiFID II licence for $32.7 million.
The platform now offers 40 trading pairs of perpetual futures with 10x leverage.
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CryptoCurrency
FTX EU Customers’ Claims Are on the Way: New Owner Backpack Initiates Process
2025-04-02T06:59:15.799+02:00
Backpack has initiated the KYC process for claims, which will be followed by fund distribution.
However, the parent company has yet to set a deadline for starting the distribution phase.
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CryptoCurrency
Backpack Hits Back at FTX: Asserts Ownership Claim on the Cypriot Entity
2025-01-09T09:50:35.318+02:00
Backpack clarified that it purchased FTX EU from the “former insiders” who bought the entity from the FTX bankruptcy estate.
CySEC also approved the deal last month.
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Exchanges
Fallen Crypto Exchange FTX EU Has a New Owner, but License Remains Suspended
2025-01-07T10:00:00.000+02:00
Backpack has acquired FTX EU, gaining a MiFID II authorization for European operations via CySEC.
However, according to the Cypriot regulator's decision, the collapsed exchange license will be suspended until at least May 30, 2025.
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Thought Leaders
Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC
2024-02-28T16:08:49.231+02:00
The round attracted strong interest from other leading web3 ecosystem players.
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