By Finance Pulse in Transformative —

Backpack Exchange Acquires FTX Europe for $32.7 Million

Backpack Exchange, a crypto trading platform by ex-FTX employees, acquires FTX's European entity for $32.7 million, marking a significant move in the crypto market.

An artistic representation of a digital backpack with cryptocurrency symbols, set against a European
Backpack Exchange Acquires FTX Europe for $32.7 Million

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, acquired FTX's European entity for $32.7 million.

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