Odaily Planet Daily News: Backpack, a global compliant crypto asset trading platform, announced the official completion of its acquisition of FTX EU. From now on, Backpack EU has officially launched the asset recovery procedure and fund allocation process, and will provide clear and convenient fund return services for former FTX EU users to help users recover previously frozen fiat assets.
After the completion of this acquisition, Backpack will re-activate the license held by FTX EU and will provide comprehensive cryptocurrency derivatives trading services within the EU in the future.