Tagged: bakkt

November 19, 2024 @ 10:12 am By JD Alois  |  

Shares of Bakkt (NYSE:BKKT) continue to trade higher following a report by the FT that the crypto firm may be in talks to be acquired by Trump Media. Bakkt, founded by ICE – the parent company of the NYSE, once had high hopes of becoming… Read More

August 1, 2024 @ 10:30 am By JD Alois  |  

Blockchain.com has partnered with Bakkt (NYSE: BKKT) to enable crypt trading in all 50 US states. Bakkt is a regulated digital asset exchange providing services like custody and other infrastructure. Previously, Blockchain.com did not offer services in eight states due to regulatory hurdles. Lane Kassleman,… Read More

June 7, 2024 @ 12:23 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently that the company has tapped Crossover Markets in order to provide technology to help power “BakktX,” which is described as its forthcoming crypto Electronic Communication Network (ECN). Ray Kamrath, Chief Commercial Officer at Bakkt said: “As institutional interest… Read More

May 25, 2024 @ 11:35 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt’s crypto business. In this newly created position, Kamrath will be reporting directly to Andy Main, Bakkt’s Chief Executive Officer. Main said: “By appointing Ray Kamrath to lead… Read More

March 31, 2024 @ 10:12 am By Omar Faridi  |  

The Global State of Crypto report from Bakkt (NYSE: BKKT) provides a comprehensive analysis of markets and regulation. As stated in the Bakkt report, the spectacular collapse of FTX in November 2022 kicked-off a “tumultuous news cycle” for crypto. According to Bakkt’s report, the momentum… Read More

March 8, 2024 @ 7:21 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that the company is available now as a key agent for Unchained’s enterprise collaborative custody product. This collaborative model helps bitcoin holders “increase security when safeguarding their assets through the use of a vault secured by multiple institutional key… Read More

February 26, 2024 @ 9:50 pm By Omar Faridi  |  

Bakkt Holdings, Inc.  (NYSE: BKKT), which has been struggling to maintain operations due to a shortage of cash reserves but has acquired financial resources to keep running operations for now, and Swan Bitcoin announced that the companies have enabled Bitcoin trading across 49 U.S. states… Read More

January 25, 2024 @ 5:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced recently its activation of crypto capabilities in several new international markets in Asia, Europe, North America and South America with existing clients Hapi and SogoTrade. Bakkt and stock trading platform Hapi have reportedly “broadened their active crypto trading capabilities… Read More

January 2, 2024 @ 7:12 pm By Omar Faridi  |  

As we enter 2024, CI has received insights from the CEO’s of crypto industry firms including professionals who are overseeing the operations of digital asset exchanges, custody platforms, payment product developers, and services associated with various other protocols. Bobby Zagotta, US CEO of Bitstamp, which… Read More

December 26, 2023 @ 11:15 am By Omar Faridi  |  

Bakkt (NYSE:BKKT) recently had the opportunity to submit a statement for the “Connecting Communities: Building Innovation Ecosystems Across America” hearing, held by the House of Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion. At Bakkt, they believe that “a regulated and transparent crypto… Read More

November 18, 2023 @ 5:41 pm By Omar Faridi  |  

Unchained announced that Bakkt (NYSE: BKKT) has agreed to join its network of collaborative custody partners. Bakkt joins Coincover and Kingdom Trust “as members of the network, providing Unchained’s collaborative custody offering with the greatest breadth in the industry, giving clients the most security and… Read More

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

June 18, 2023 @ 9:36 am By Omar Faridi  |  

Only a couple months after finalizing a $155M acquisition of Apex Crypto, an established trading infrastructure provider, the New York–headquartered crypto-assets platform Bakkt Holdings, Inc. (NYSE: BKKT) is delisting three major digital currencies: Solana (SOL), Polygon (MATIC), and Cardano (ADA). Marc D’Annunzio, Bakkt General Counsel… Read More

February 14, 2023 @ 3:19 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that it is “furthering its focus on providing scalable business-to-business technology solutions and will be sunsetting its consumer-facing app.” Bakkt will “continue its core focus of providing businesses with crypto and loyalty experiences for their customers through SaaS and… Read More

November 4, 2022 @ 4:39 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients, has signed a definitive agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. This acquisition is “expected… Read More

April 26, 2022 @ 12:20 pm By JD Alois  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset exchange, has announced two new members for its Board of Directors. De’Ana Dow, partner and general counsel at Capitol Counsel, LLC, and Jill Simeone, Chief Legal Officer and Corporate Secretary at Etsy (NASDAQ: ETSY). Dow is described… Read More

February 16, 2022 @ 11:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables clients to purchase, sell, send and spend a range of virtual currencies, has announced that Valliance Bank, a provider of various financial solutions, will provide clients access to Bitcoin (BTC) and Ethereum (ETH) via… Read More

February 4, 2022 @ 9:55 am By Omar Faridi  |  

Outstanding shares of crypto-asset marketplace Bakkt Holdings Inc. (NYSE: BKKT) have fallen to an all-time low, eliminating about $10 billion in market value after achieving a record high (after the company’s highly-anticipated public market launch in October of last year). The Bakkt platform, which is… Read More

December 22, 2021 @ 9:06 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables consumers to purchase, sell, send and spend various cryptocurrencies, announced that Manasquan Bank, a NJ-headquartered mutual community bank with total consolidated assets of $2.7 billion, will be “participating in its early adopter program, which,… Read More

October 26, 2021 @ 8:49 am By JD Alois  |  

Bakkt (NYSE: BKKT) is moving higher once again – currently up by over 60% in pre-market trading. Yesterday, Bakkt announced a deal with Mastercard to power crypto transactions. The news was soon followed by a partnership with Fiserv (NASDAQ: FISV) to enable clients to move… Read More