Backpack EU Launches Regulated Perpetual Futures Trading for European Investors

Backpack EU Launches Regulated Perpetual Futures Trading

On September 8, 2025, Backpack Exchange announced a significant milestone in the world of cryptocurrency trading with the launch of its regulated perpetual futures trading platform for users in the European Union. This development comes through its subsidiary, Backpack EU, which operates under a MiFID II license and adheres to the stringent regulations set forth by the Cyprus Securities and Exchange Commission (CySEC).

A New Era for European Traders

This new platform is particularly timely, as it arrives at a moment when global regulators are sharpening their frameworks for cryptocurrency operations. It aims to cater to an ever-growing desire among traders for fully compliant and regulated trading environments. Armani Ferrante, the CEO of Backpack, emphasized the company's commitment to providing a safe and regulated space, stating, "we commence our journey to provide one of the first fully regulated crypto-derivatives platforms in Europe, starting with perpetual futures."

Notably, this launch follows Backpack Exchange's acquisition of FTX EU Ltd in early 2025, where Backpack assumed responsibility for addressing customer claims from that platform. This move has positioned Backpack EU as a leader in ensuring the safe return of funds to former FTX EU clients, thereby restoring trust in the digital asset market.

Features and Benefits of Backpack EU

Backpack EU currently boasts over 40 trading pairs, with the exciting offer of up to 10x leverage on trades. The platform aims to meet the diverse trading needs of users by providing access to advanced trading products that cater to various levels of trading expertise. With these features, Backpack EU intends to establish itself as one of the premier destinations for crypto derivatives trading within the EU.

In addition to perpetual futures, Backpack’s suite of services also includes its widely popular Backpack Wallet, which is known for being self-custodial, as well as its successful community-driven NFT platform, Mad Lads, within the Solana ecosystem. These offerings reveal Backpack's ambition to create an all-encompassing ecosystem for cryptocurrency services capable of catering to the growing needs of the market.

A Vision for the Future

As regulatory ambiguity clouds the crypto industry in many regions, Backpack EU is stepping up to fill this gap by offering a well-regulated and sophisticated trading platform. The company not only seeks to offer cutting-edge trading solutions but also aspires to ensure rigorous compliance, making it a safe betting ground for traders who wish to navigate the intricate world of cryptocurrency derivatives.

Ferrante concluded his statement with optimism, expressing, "We look forward to welcoming EU users to our platform and serving them in the years to come." This sentiment underscores Backpack’s commitment to fostering a robust crypto trading environment that prioritizes user safety and regulatory adherence.

By combining advanced trading capabilities with compliance, Backpack EU is poised to play a pivotal role in the evolving landscape of cryptocurrency trading in Europe. The initiatives undertaken by Backpack highlight a trend towards innovation and accountability in the crypto industry, factors that could ultimately help in gaining user trust and enhancing the market's reputation as a whole.