
Bakkt Holdings has sold off its loyalty services arm for $11M and launched a $75M equity raise as it transforms into a focused crypto infrastructure firm.
Bakkt is building an open, seamless global network to enable you to buy, sell, store and spend digital assets simply, safely.
Bakkt Holdings, Inc. is an American corporation listed on the New York Stock Exchange under the ticker symbol BKKT. The company operates a technology platform for the management of digital assets. The platform provides products and services related to the cryptocurrency and loyalty markets. Bakkt was founded and is majority-owned by American Fortune 500 company Intercontinental Exchange, Inc., the New York Stock Exchange parent organization.
Bakkt Holdings has sold off its loyalty services arm for $11M and launched a $75M equity raise as it transforms into a focused crypto infrastructure firm.
Bakkt Holdings has filed a Form S-3 with the SEC to raise up to $1 billion through a mix of financial instruments.
The Stacks-Haruko alliance is the latest push towards the integration of traditional finance and DeFi, a move that is fast becoming a trend.