Bakkt has completed its acquisition of Distributed Technologies Research, a move designed to integrate artificial intelligence (AI)-native stablecoin infrastructure into its core financial services. Modernizing Global Settlement Bakkt Inc. has finalized its acquisition of Distributed Technologies Research (DTR), a developer of agentic payments and stablecoin infrastructure, about three months after formally agreeing to the purchase. […]
]]>
Crypto wealth platform Nexo formally returns to the U.S., relaunching regulated Yield, Exchange, Loyalty, and crypto‑backed Credit Line products. Nexo announces its U.S. relaunch on February 16 from Miami, delivering a U.S.-compliant suite of services—Flexible and Fixed‑term Yield programs, an integrated Exchange, crypto‑backed Credit Lines, and a Loyalty program—operating via regulated partners and trading infrastructure […]
]]>
Bakkt Holdings Inc. has agreed to acquire Distributed Technologies Research Ltd. (DTR) in a stock-based transaction aimed at expanding its stablecoin settlement and programmable payments capabilities. Bakkt’s Board Approves DTR Acquisition After Special Committee Review Under the definitive agreement, Bakkt Holdings Inc. will issue Class A common stock equal to 31.5% of the “Bakkt Share […]
]]>
Oobit has expanded its crypto payments platform to the United States, enabling Americans to connect self-custody wallets to pay at Visa-supported checkouts worldwide. Oobit Enters U.S. Market, Tapping Bakkt Infrastructure for Nationwide Coverage According to the note shared with Bitcoin.com News, Oobit’s expansion into the United States marks the company’s largest global rollout to date, […]
]]>
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, […]
]]>
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 […]
]]>
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 […]
]]>
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 […]
]]>
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.
]]>
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%.
]]>