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.

Follow up
As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future.
Crypto is going public: Timing is key as Bakkt secures NYSE listing
Gareth Jenkinson
2021-01-15T14:52:00+00:00
23016
News
Bakkt's CEO did not mention whether the company decided to stay away from XRP due to Ripple’s ongoing legal issues.
Bakkt has no plans to support XRP, says CEO
Helen Partz
2021-01-12T10:01:24+00:00
15370
News
ICE's institutional exchange, Bakkt, will launch on stock markets at a possible $2.1 billion valuation.
Bakkt crypto exchange to debut on stock markets through SPAC
Andrey Shevchenko
2021-01-11T13:37:46+00:00
11206
News
Regulated Bitcoin futures platform Bakkt is reportedly eyeing going public through a rumored merger.
Bakkt may go public through rumored $2B merger
Samuel Haig
2021-01-08T04:30:14+00:00
14891
News
Kelly Loeffler has lost the Georgia runoff election to Democratic challenger Raphael Warnock.
Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race
Aaron Wood
2021-01-06T08:05:27+00:00
6743
New Year Special
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.
Crypto derivatives gained steam in 2020, but 2021 may see true growth
Anirudh Tiwari
2021-01-01T19:26:33+00:00
24089
Analysis
The price of Bitcoin has surpassed $23,000, and analysts predict where BTC is headed next after a significant rally.
Predicting the next Bitcoin price top: Here’s what may come after $23K
Joseph Young
2020-12-18T17:29:44+00:00
35652
Markets News
Data shows whales are not selling large amounts of Bitcoin at the current BTC price and institutions are accumulating BTC.
New Bitcoin bull run? Whales and institutions accumulating, data shows
Joseph Young
2020-09-19T14:03:00+01:00
20209

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