Bakkt News

Bakkt is a cryptocurrency-focused institutional investment firm that was spun out of Intercontinental Exchange, or ICE — an operator of large, regulated exchanges such as the New York Stock Exchange.

In September 2019, the firm launched its much-anticipated Bitcoin (BTC) futures trading platform. While the initial launch was underwhelming, with relatively low volume given the hype, Bakkt announced additional products in the following months such as fully regulated BTC options trading, cash-settled futures and a partnership with Starbucks.

Since its announcement, Bakkt has caught the attention of the crypto industry, as it marks a serious effort by the world’s largest exchange to onboard institutional investors into the burgeoning crypto asset class.

The firm also generated buzz in the industry after former CEO Kelly Loeffler became the first Republican woman to represent the state of Georgia in the United States Congress where she is expected to support crypto-friendly regulation.

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The company said the acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings.

Digital asset platform Bakkt set to acquire Apex Crypto for $200M

Judith BannermanQuist

2022-11-03T22:09:56+00:00

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The now former president did not reveal what his next move would be, or whether he would continue to work in the cryptocurrency industry.

Bakkt president Adam White announces departure from digital asset platform

2021-12-23T17:30:00+00:00

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Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms.

Bakkt shares skyrocket after partnering with Mastercard and Fiserv

2021-10-26T04:10:04+01:00

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The price of BKKT contracted by more than 6% during its first day of public trading.

Bakkt sheds more than 6% on its first day of public trading

2021-10-19T07:15:02+01:00

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Starting Oct. 18, Bakkt’s common stock and warrants will be listed on NYSE under the ticker symbols “BKKT” and “BKKT WS,” respectively.

Crypto finserv firm Bakkt to soon trade publicly on New York Stock Exchange

2021-10-16T10:46:00+01:00

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Millions of retailers currently accept Google Pay as a form of payment, potentially giving Bakkt users the ability to pay in crypto at a variety of stores and o...

Bakkt crypto exchange partners with Google for payments

2021-10-11T20:07:32+01:00

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Quiznos customers will soon be able to pay in Bitcoin via Bakkt's app at certain Colorado locations.

BTC payments coming to certain Quiznos shops, thanks to Bakkt collaboration

2021-08-03T18:00:00+01:00

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Institutional inflow to crypto is only getting started, but the technology promises to improve the futures markets beyond crypto.

Cryptocurrency: The future of futures?

2021-06-26T11:11:00+01:00

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