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Backpack Acquires FTX EU, Launches Regulated Perpetual Futures Trading in Europe

2025/09/08 20:22 (Updated 2025/09/09 07:00)

CoinPost

Written by CoinPost Editorial Department

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Backpack Acquires FTX EU, Launches Regulated Perpetual Futures Trading in Europe

Full-scale Entry into the European Market

On the 8th, major cryptocurrency exchange Backpack Exchange announced the launch of its service 'Backpack EU' (formerly FTX EU Ltd) targeted at the European market.

Following the acquisition of the former FTX EU,

Backpack, a leading industry player serving over 150 countries and regions, made this announcement after acquiring FTX EU Ltd in early 2025 and taking over the claims distribution operations for FTX EU customers.

The company has completed the refund of funds to former FTX EU customers and launched the new service.

Backpack EU has obtained a license from the Cyprus Securities and Exchange Commission (CySEC)...

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