Is Backpack MiCA-regulated? Backpack license status

Verified 2026-09-23 against the ESMA CASP register

Yes, for crypto-asset services. Trek Technologies SIA (Backpack EU) has held a MiCA licence since May 2026.

EU perps run under a separate MiFID II licence.

Backpack MiCA licence facts

Authorized entity: Trek Technologies SIA (Backpack EU)
LEI in the register: 6488C2PNI17093U2YA18ESMA CASP register · 2026-09-15
Regulator: Latvijas Banka (Bank of Latvia) (🇱🇻 Latvia)
Authorization date: May 27, 2026
Website in the register: eu.backpack.exchange
Licensed MiCA services: 5 of 10
Spot fees (maker / taker): 0.08% / 0.1%
EU perpetual futuresVia Trek Labs Europe (CySEC, MiFID II — ex-FTX EU) — 40+ pairs, up to 10x, live since Sep 2025: Yes, 0.02% / 0.05%
Global 24h perp volumeDaily snapshot, October 3, 2026: $274M, rank 20 of 21 CEXs

ESMA CASP register data through 2026-09-15. Fees: published standard tier.

Licensed MiCA services: 5 of 10

Custody & administration (a)
Exchange crypto ↔ fiat (c)
Exchange crypto ↔ crypto (d)
Execution of orders (e)
Transfer services (j)

The licence leaves out services (b), (f), (g), (h) and (i).

Backpack in the ESMA register

Trek Technologies SIA (Backpack EU) entered the ESMA register on May 27, 2026, as the 15th of 16 tracked exchanges. By service count, Backpack ranks 9 of 16.

Backpack is the only tracked exchange under the Latvijas Banka. The register lists 10 firms under the Latvijas Banka.

Backpack charges 0.1% spot taker, below the 0.25% median. For EU perps, Backpack uses a second licence: via Trek Labs Europe (CySEC, MiFID II — ex-FTX EU) — 40+ pairs, up to 10x, live since Sep 2025.