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OdailyChina

🔥Backpack Completes Acquisition of FTX EU, Officially Launches User Fund Return Process

Globally compliant crypto asset trading platform Backpack @Backpack has announced the official completion of its acquisition of FTX @FTX_Official EU. Effective immediately, Backpack EU has officially launched the asset recovery program and fund distribution process to provide former FTX EU users with clear and convenient fund return services, helping users recover previously frozen fiat assets.

Following the completion of this acquisition, Backpack will reactivate the license held by FTX EU and will provide comprehensive cryptocurrency derivatives trading services within the European Union in the future.

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