Acquiring Company
FTX
Acquired Company
Backpack
SingaporeFinancial Servicesstaffing & recruitingBlockchainCryptocurrencyDescription
FTX responds to Backpack's claim of acquiring FTX EU, asserting that FTX still owns 100% of the share capital of FTX EU and rejecting Backpack's misleading acquisition claims. It also clarifies the ownership status, the U.S. bankruptcy court's role, and the repayment process.
Quick answer
FTX is acquiring Backpack, announced January 9, 2025. FTX is based in Singapore.
- How much did FTX pay for Backpack?
- The deal value was not disclosed.
- What does FTX do?
- FTX is an easy to use crypto exchange where you can buy, sell, and store Bitcoin, Ethereum and other cryptocurrencies and digital assets such as NFTs
- Where are FTX and Backpack based?
- FTX is based in Singapore.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and staffing & recruiting
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- DeFi Technologies signs binding LOI with CoreFi Strategy and Orinswift Ventures, secures US$20M CORE token commitment from the Core Foundation (February 4, 2025)
- FTAC Emerald Acquisition Corp. completes business combination with Fold, Inc. to expand bitcoin financial services (February 13, 2025)
- FTAC Emerald Acquisition Corp. to merge with Fold, Inc. to expand bitcoin financial services (February 13, 2025)
- Visa and Fold to Launch Bitcoin Rewards Credit Card (February 12, 2025)
- Fold, Inc. and FTAC Emerald Acquisition Corp. to Merge, Forming Fold Holdings, Inc. (February 11, 2025)
- Circle acquires Hashnote, a $1.3B tokenized RWA firm, to integrate USYC with USDC, $1.3B (January 21, 2025)
Who to call at FTX, and when
When FTX changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day FTX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at FTX, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at FTX. With Fundz connected, it knows.
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Fundz sees it the moment FTX makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Backpack?
Backpack was acquired by FTX, based in Singapore. The deal was reported on January 9, 2025. FTX is an easy to use crypto exchange where you can buy, sell, and store Bitcoin, Ethereum and other cryptocurrencies and digital assets such as NFTs FTX is privately held and operates in Financial Services.
When did FTX acquire Backpack?
FTX's acquisition of Backpack was reported on January 9, 2025. FTX responds to Backpack's claim of acquiring FTX EU, asserting that FTX still owns 100% of the share capital of FTX EU and rejecting Backpack's misleading acquisition claims. It also clarifies the ownership status, the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Backpack do?
Backpack is a crypto exchange building a next-generation exchange focused on integrity and trust, aiming to offer support for Solana, Ethereum, and Bitcoin trading. It is privately held, operating in Blockchain.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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