Tag: MiFID II license
-
Backpack Exchange Acquires FTX EU for $32.7 Million to Launch Regulated Crypto Derivatives in Europe
—
by
Backpack Exchange, a crypto trading firm founded by former Alameda Research and FTX employees, has acquired the European arm of the bankrupt FTX for $32.7 million. The acquisition of FTX EU, which holds a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), marks a strategic move for Backpack to expand its offerings in…