The private beta of 'Unified Prediction Portfolio' marks Backpack's foray into the burgeoning prediction markets sector.
The crypto exchange is integrating Superstate’s Opening Bell platform to offer natively tokenized public equities for investors outside the U.S.
Operating out of Cyprus and licensed under the European Union’s MiFID II framework, the exchange is positioning itself as one of the first fully regulated venues in Europe to offer crypto derivatives, starting with perpetual futures.
Backpack has officially opened the withdrawal window for former FTX EU customers, marking a major step in returning lost funds to the defunct exchange users across Europe. The claims process went live on May 12, following Backpack’s earlier acquisition of FTX’s European arm in January 2025. According to a notice on its website, the exchange […]
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Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification.
Crypto exchange Backpack has officially launched the claims process for users of the now-defunct FTX EU platform, according to an April 1 statement. BackPack CEO Armani Ferrante said: “It’s been a long, complicated process with multiple parties, but we’re happy to finally open up identity verification for FTX EU customers on [our website.]” According to […]
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The bankrupt FTX exchange has challenged the announced sale of its European subsidiary, FTX EU, to Backpack, a crypto platform founded by former FTX employees. In a Jan. 8 statement, FTX clarified that its subsidiary FTX Europe AG wholly owns FTX EU. The company stated that the anticipated transfer of FTX EU shares to former […]
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Backpack, a crypto exchange founded by former FTX executives, has taken a significant step into the European market by acquiring FTX EU, the European arm of the defunct FTX platform. According to a Jan. 7 statement, the acquisition was approved by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC). European expansion […]
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The funds will be used to continue the exchange’s global expansion and further improve products, its founder told Cointelegraph in an exclusive interview.