MadLads NFT Creator BackPack Buys FTX EU- Here’s More Info..
Backpack, a renowned blockchain company and the team behind the popular MadLads non-fungible token collections, has acquired the European arm of FTX to offer regulated crypto derivatives across Europe. FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that its owners had embezzled and misused customer funds. Backpack Acquires FTX EU In a January 07 press release, the MadLads NFT creator Backpack confirmed acquiring the European arm of FTX. Under the new acquisition, the Backpack’s FTX EU arm will offer a full suite of crypto derivatives throughout the European Union region, including perpetual futures. The re-activation of the operation license is underway, with plans for Backpack EU to go live in the Q1 of 2025. BackPack announces it is buying the European arm of FTX, with plans to offer regulated crypto derivs across Europe. MadLads on the move, up 20% +in the past 24 hours. pic.twitter.com/1aL5Ftnfyf — Stats (@punk9059) J...