Bakkt


Markets

Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report

Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.

NYSE/Modified by CoinDesk

Finance

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

The current CEO Gavin Michael will step down “to pursue other opportunities.”

NYSE/Modified by CoinDesk

Finance

Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business

The company, with backing from the owner of the NYSE, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with bitcoin.

Bakkt gave a going concern warning (Breana Panaguiton/Unsplash)

Videos

Bakkt CEO Addresses Hong Kong's 'Attractive' Crypto Landscape

Bakkt CEO Gavin Michael discusses his outlook on the crypto landscape in Hong Kong and why he thinks it is an "attractive market." Michael further elaborates on the regulatory environment for digital assets, noting "it's not just about bringing regulation to crypto. It's also enabling the ecosystem to actually function."

Recent Videos

Videos

Bakkt CEO on Global Expansion Plans, Crypto Regulation Outlook

Crypto trading firm Bakkt reported second-quarter earnings results yesterday, posting a quarterly loss of $0.19 per share on revenue of nearly $348 million. Bakkt CEO Gavin Michael shares insights into Bakkt's business operations and expansion opportunities. Plus, Michael's take on global crypto regulation and the impact of the Ripple v. SEC case.

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Opinion

What Can You Do With a Blockchain Token That Is Classified as a Security?

Bakkt's Marc D’Annunzio said applying securities law to crypto would not "drastically impact" a token's use. But it could change who has access to these open source networks.

Bakkt Holdings, Inc. leadership outside the New York Stock Exchange following a successful merger with VPC Impact Acquisition Holdings to take the firm public. (NYSE)

Finance

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

Bakkt Holdings, Inc. leadership outside the New York Stock Exchange following a successful merger with VPC Impact Acquisition Holdings to take the firm public. (NYSE)

Videos

Bakkt to Suspend Consumer App After Two Years, Shifts Focus to B2B Tech Services

Digital asset platform Bakkt's announcement comes amid increased scrutiny from regulators over retail-based platforms in the interest of consumer protection. "The Hash" panel discusses the outlook for Bakkt as part of a larger shift away from retail towards institutional adoption.

Recent Videos

Finance

Digital Asset Platform Bakkt to Discontinue Consumer App After Two Years

Users will be able to manage their assets over the web after March 16.

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Finance

Digital Asset Platform Bakkt Agrees to Buy Apex Crypto for Up to $200M

The firm will pay $55 million in cash upon deal close, and $145 million in stock and seller notes upon achieving certain financial targets.

The Bakkt Holdings leadership team in front of the New York Stock Exchange (NYSE)