Tagged: bakkt

Bakkt Warehouse Provides Enterprise Level Bitcoin Custody for All Institutions

Digital asset exchange Bakkt has announced Bakkt Warehouse, a Bitcoin custody solution for institutions regulated by the New York Department of Financial Services (NYDFS). Bakkt describes the new service as the critical link for institutional adoption of Bitcoin. In a blog post, Bakkt said that… Read More

Bakkt Is Planning to Release a Crypto “Consumer App” Next Year 

Atlanta-based Bakkt, a digital asset trading desk launched by Intercontinental Exchange (NYSE:ICE), the owner of the $22.9 trillion New York Stock Exchange (NYSE), is preparing to release a consumer-facing application to help retail consumers conduct crypto transactions, the company revealed on October 28. According to… Read More

Bakkt to Offer Bitcoin Options Beginning in December

Announced during the CFTC Fintech Forward 2019 today, digital asset exchange Bakkt will start offering Bitcoin options beginning this December. Kelly Loeffler,  Chief Executive Officer of Bakkt, revealed the news during a panel discussion on “Re-imagining Markets: What Digitization Means … for Transactions, Custody, and… Read More

Scammers Already Impersonating Bakkt in Classic “Crypto Giveaway” Scam

Scammers have already cloned Bakkt blog materials to create a fake interface, bakktlaunch.com, which they are using to trick Bakkt enthusiasts into sending crypto. It should be noted that the bakktlaunch.com page contains two links that may be malware bearing. Extreme caution is advised. Bakkt is the… Read More

Bitcoin Sinks. Is Bakkt the Cause?

Bitcoin rapidly deflated today. The world’s most popular crypto is now trading under USD $9000 (~$8700  $8400). At one point today, BTC tanked about USD $1000. So what’s the cause? A portion of the chatter claimed that Bakkt’s much-heralded launch this week was much ado… Read More

Highly Anticipated Digital Asset Trading Platform Bakkt Launches, Only 26 BTC in Volume Traded So Far

Bakkt, the highly anticipated cryptocurrency exchange backed by New York Stock Exchange owner Intercontinental Exchange (ICE), has officially launched.  The digital asset trading platform went live at 8 PM EST on September 22. Since its launch, 26 Bitcoin (BTC) in volume has been traded. Based… Read More

Bakkt Now Accepting Customer Bitcoin Deposits & Withdrawals, Futures to Launch September 23

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New York Stock Exchange (NYSE), received the necessary regulatory approvals earlier this year. Bakkt proves a compliant platform that expects to… Read More

Bakkt Clears Regulatory Hurdles, Plans to Launch Physically-Settled Bitcoin Futures This Fall

Bakkt, a subsidiary of the Intercontinental Exchange (ICE), has announced it has received necessary permissions from the CFTC and the NYDFS to launch its “institution-grade” platform for physically-settled bitcoin futures trades September 23rd. “One year ago, we announced our ambitious vision to bring institutional infrastructure… Read More

ICE Promises Physically-Settled Bitcoin Futures via Bakkt ‘In Coming Months’

The Intercontinental Exchange (ICE), operator of several major financial and commodity exchanges including the NYSE, has once again announced that it plans to offer physically-backed Bitcoin futures in the near term through Bakkt: “As detailed in the ICE Futures U.S. filing with the CFTC today, bitcoin… Read More

ICE CEO Says Bear Market Allowed Bakkt to Cheaply Acquire Crypto Custody Firm

ICE’s Chief Executive Officer, Jeffrey Sprecher, told analysts in a conference call this week that the crypto bear market of 2018 allowed ICE’s crypto venture, Bakkt, to cheaply acquire Digital Asset Custody Co, Reuters reports. The acquisition of Digital Asset Custody Co could improve Bakkt’s… Read More

Crypto Exchange Bakkt Acquires Digital Asset Custody Company

Bakkt COO Adam White has blogged on his company’s efforts to become the go-to Bitcoin futures trading platform and “digital asset” custodian for institutions.  According to the post, Bakkt has acquired Digital Asset Custody Company (DACC) establishing a “commitment to setting a new standard for… Read More

ICE Crypto Venture Bakkt Hires Former Google and PayPal Exec to Build Out Its Payments Leg

Bakkt, the Intercontinental Exchange’s (ICE’s) forthcoming “digital asset” trading platform and crypto custody service, has hired former PayPal VP Engineering and former Google Engineering Director-Payments Mike Blandina to develop products and payments features at the company. Bakkt CEO Kelly Loeffler announced the hire in an… Read More

Report: ICE Has Raised $740 Million to Launch Crypto Trading Platform, Bakkt

Bakkt, a cryptocurrency futures trading and custody platform being built by the Intercontinental Exchange (ICE) in New York, has raised $740 million USD from Series A investors to date, The Block reports. The project raised $182.5 million last year, and new funds may have come… Read More

Digital Asset Marketplace Bakkt Raises $182 Million in Funding Round

Bakkt, a digital asset exchange that is an offshoot of the Intercontinental Exchange (NYSE:ICE), has raised $182.5 million in their first funding round. The news was revealed in a New Year’s Eve blog post by Bakkt CEO Kelly Loeffler. ICE is the parent company of the… Read More

Bear Market or Not: Nasdaq Moving Forward on Plans to Sell Bitcoin Futures

Nasdaq is proceeding with plans to list a Bitcoin futures product on its exchange despite Bitcoin’s waning fortunes in 2017, sources to Bloomberg say. Nasdaq hopes to have its Bitcoin futures market up and running by Q1 2018 and is working now to meet expectations at… Read More

Bakkt Delays Launch of Bitcoin Futures Market

The CEO of Bakkt, Kelly Loeffler, has written in a blog post that her company, Bakkt, is delaying the much-anticipated release of its daily Bitcoin futures product and crypto custodial warehouse until January 24th, 2019, “…subject to regulatory approval.” “We’ll continue to update you on our progress… Read More

Intercontinental Exchange’s Digital Asset Platform Bakkt Set to Begin Trading in December 2018

Bakkt, a U.S.-based digital asset platform created by Intercontinental Exchange (NYSE:ICE) the operator of the New York Stock Exchange (NYSE), is set to begin trading this upcoming December. Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. The… Read More

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