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Bakkt Holdings posted $402.2 million in third-quarter revenue, a 27% year-over-year increase, as the company wrapped up major structural changes and closed the sale of its Loyalty business in early October. Bakkt Ends Q3 Debt-Free With $64.4 Million in Cash According to the Q3 report shared with Bitcoin.com News, the Alpharetta-based digital-asset infrastructure firm, Bakkt, … Read more
Fireblocks announced that its Fireblocks Trust Company, a New York State–chartered qualified custodian regulated by the New York Department of Financial Services, has expanded its institutional custody ecosystem to include partners such as Castle Island, FalconX, Bakkt and Galaxy. Launched following regulatory approval in 2024, the Trust offers segregated, bank‑grade custody built on Fireblocks’ existing … Read more
Bakkt Holdings Inc. (NYSE: BKKT) announced Wednesday it will acquire roughly 30% of Tokyo-listed MarushoHotta Co., Ltd. (TSE: 8105), becoming the company’s largest shareholder and advancing its multinational bitcoin treasury strategy. Bakkt Expands Into Japan The share purchase agreement with RIZAP Group Inc. positions Bakkt to influence MHT’s direction, with Phillip Lord, president of Bakkt … Read more
President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation at approximately $6 billion, the company is leveraging its market position to expand beyond … Read more
Shares in crypto exchange Bakkt jumped on Nov. 18 after a report that Donald Trump’s company is in advanced stages of a deal to buy the struggling business. Go to Source
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%. Go to Source
Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months. Go to Source Powered by WPeMatico
Bakkt reportedly suspended trading of Solana, Polygon, and Cardano — tokens the U.S. SEC recently deemed securities. Go to Source Powered by WPeMatico
Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023. Go to Source Powered by WPeMatico
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” Go to Source Powered by WPeMatico
