Backpack EU Launches Regulated Perpetuals Exchange - Fulfills FTX Customer Refund Promise
Backpack just flipped the script on European crypto regulation—launching a fully compliant perpetuals exchange after acquiring FTX's EU operations.
The redemption arc nobody saw coming
While traditional finance was busy writing crypto's obituary, Backpack quietly built what FTX couldn't: a regulated framework that actually protects users. Their acquisition of FTX EU wasn't just expansion—it was strategic redemption.
Perpetuals trading meets regulatory approval
The new platform offers leveraged trading with something rarely seen in crypto: regulatory oversight. No more praying to the decentralization gods when things go sideways—real consumer protections built directly into the architecture.
Because nothing says 'trust us' like following actual financial regulations—a concept so revolutionary in crypto it might just work.