Tag: bakkt

Reading Time: 2 minutes The Bakkt App has launched, allowing consumers to spend their crypto in a variety of ways The Bakkt App will compete with offerings from PayPal and Visa, with more to come Plenty of consumer crypto solutions have been tried, but none have...

It became the 29th company to receive the state crypto license.

John Coates, the acting director of the Security and Exchange Commission's Corporate Finance division has called for scrutiny around Special Purpose Acquisition Company (SPAC) which has turned into a go-to option for companies going public. Coates said, “The rapid increase in the volume of SPACs represents a significant change and we are taking a hard The post Breaking: SEC's Corporate Finance Director Calls...

Bakkt, the subsidiary of Intercontinental Exchange, has decided to go public by merging it with a special-purpose acquisition company (SPAC). Bakkt to Roll Out App and Airline Rewards The crypto firm will merge with an already listed SPAC called VPC Impact Acquisition Holdings (...

The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.

Bakkt, the Intercontinental Exchange Inc. owned crypto subsidiary is in final stage talks with VPC Impact Acquisition Holdings to go public. A Bloomberg report confirmed that the Bitcoin futures market provider is planning to merge with the special purpose acquisition company firm VPC Impact at a combined valuation of $2 billion. Sources: Intercontinental Exchange's Bakkt is The post Bakkt In Final Stage Talks...

The merged entity might see a valuation of over $2 billion.

A deal could be announced as soon as next week, the report said.

Bakkt, the New-York Stock Exchange backed crypto startup which offers physically-settled bitcoin futures and options contract has announced an all- in-one tracking app for consumers, where one can track loyalty points, gift cards or any other form of digital rewards. The new service would allow users to convert their rewards and loyalty points for cash or The post Just In: Bakkt's New App to...

Quick take: Bakkt's Bitcoin and Crypto app is now available to those who signed up for early access Current features include cash (USD) deposits/withdrawals and Bitcoin trading More features will be added with time Early users/testers have been requested to give feedback The Bakkt mobile app is one more giant step towards Bitcoin and crypto adoption The highly anticipated mobile app by Bakkt...

Bakkt recently had witnessed a peak in the trading volume of physically- settled bitcoin futures on Tuesday, however, this was a short-lived peak. On Thursday, Bakkt’s trading volume for physically-settled...

The demand is still low compared to its CME Group’s offering.