Tagged: mike blandina

JP Morgan Signs Agreement to Purchase Payments Firm Renovite

JP Morgan (NYSE: JPM) has signed an agreement to acquire Renovite Technologies, Inc., a cloud-native payments payments provider. Details on the agreement were not immediately available. Headquartered in California with offices in the UK and India, Renovite was founded to develop the next generation of… Read More

ICE’s Crypto Trading Desk Bakkt Appoints David Clifton as New CEO, After Mike Blandina Steps Down from his Role

Mike Blandina, former CEO at Bakkt, the cryptocurrency trading desk owned by the Intercontinental Exchange (ICE), will be stepping down from his role just four months after his appointment. ICE’s management noted on April 23, 2020, that David Clifton, Bakkt’s vice president for mergers and… Read More

Bakkt Raises $300 Million Backed by Microsoft, Boston Consulting Group & More

Bakkt has raised $300 million in a funding round led by very big names including Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, and Pantera Capital. Of course, Bakkt’s sibling the Intercontinental Exchange (NYSE:ICE) participated as well. The Form D (506b) filed with… Read More

Bakkt’s New Consumer App will Look Like Traditional Fintech Apps, Will Support All Digital Assets, Not Just Crypto

Adam White, president at Bakkt, recently shared some details regarding a major development currently underway at the Intercontinental Exchange (ICE)-owned digital assets trading desk while attending a conference at Davos. White noted during a panel discussion held at the World Economic Forum (WEF) in Davos,… 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

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 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

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