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.

News
Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt.
Intercontinental Exchange sells Coinbase stake for $1.2 billion
Helen Partz
2021-04-30T08:41:39+01:00
7226
News
Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce.
Bakkt launches payments app as institutions compete for crypto assets
Samuel Haig
2021-04-01T02:39:26+01:00
8048
News
Bakkt will also have a money transmitter license in the state of New York.
New York grants Bakkt coveted BitLicense
Kollen Post
2021-03-11T14:58:19+00:00
12611
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
23672
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
15472
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
11505
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
14941
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
6788

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