Backpack Exchange Acquires FTX European Assets

The video discusses the opportunity FTXEU presents in the crypto derivatives market, especially in Europe, where major exchanges have exited. It emphasizes the importance of returning customer funds before resuming trading. The speaker reflects on lessons from the FTX collapse, highlighting the need for transparency and modern techniques in financial systems.

What opportunity does FTXEU unlock for the market?

How does the current state of crypto derivatives trading in Europe present a market opportunity?

Why is the return of customer funds a priority before serving trades in the EU?

What lessons were learned from the collapse of FTX?

What modern techniques are being utilized to address the problems in the crypto industry?