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FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe

FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million.

Coral founder Armani Ferrante (Coral)
Backpack Exchange CEO Armani Ferrante (Coral)