In brief
- Backpack will likely offer spot crypto trading in the U.S. this year, according to CEO Armani Ferrante.
- The debut is contingent on attaining money-transmitter licenses.
- The firm rolled out perpetual futures trading in the EU earlier this week.
Backpack’s crypto exchange will likely debut in the U.S. this year, starting with spot trading in several states, according to CEO Armani Ferrante.
The firm established by employees of defunct crypto exchange FTX has been focused on establishing itself within Japan and the EU, but it’s getting closer to attaining money transmitter licenses needed to operate on American soil, he told Decrypt.
“The U.S. has always been a priority for us,” the California native said from Japan. “It’s…
Sep 10 2025
