Jan 7th, 2025
Backpack Exchange Acquires FTX European Assets
Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, has purchased the former European assets of the bankrupted company for $37.7 million. Armani Ferrante, Backpack CEO, discusses the opportunity the acquisition presents and says that their priority is to 'return customer assets.' He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto."
