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Adam White, the president of cryptocurrency firm Bakkt, is leaving the company he helped build from scratch as a founding executive.White spent the last three years at Bakkt, a company that launched in 2018 with the ambitious aim of making institutional crypto adoption a reality before pivoting to a suite
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Publicly traded crypto firm Bakkt (NYSE: BKKT) posted a net loss of $28.8 million in Q3, versus a net loss of $18 million year-over-year.Additionally, Bakkt had an operating loss of $29.9 million in the third quarter, compared to a loss of $17.7 million year-over-year. Shares fell about 7% in premarket
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Digital asset marketplace Bakkt on Friday announced that users and partners will soon be able to buy, sell and hold ether (ETH). Users will also be able to send Ethereum to family and friends through its app. Institutional clients can also choose the Bakkt Warehouse for custody of ether. Related Reading | Bakkt
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On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant growth. Bakkt Announces Ethereum Support Bakkt
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBakkt shares skyrocket after partnering with Mastercard
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The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy,
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Bakkt (NYSE: BKKT) shares jumped about 180% Monday and reached a record high of $28 after the digital asset platform announced two partnerships. Mastercard and Bakkt said Monday morning that they’re working to allow consumers to buy, sell and hold digital assets through custodial wallets offered by Bakkt. Original Source
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“As brands and merchants look to appeal to younger consumers and their transaction preferences, these new offerings represent a unique opportunity to satisfy increasing demand for crypto, payment and rewards flexibility,” Bakkt’s Nancy Gordon said in a statement. Original Source
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Bakkt ($BKKT), an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company.After launching on the New York Stock Exchange (NYSE) at $9.45 on the morning of Oct. 18, BKKT rose
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