
The deal between Bakkt and Apex Crypto is still subject to regulatory approval.
Bakkt is building an open, seamless global network to enable you to buy, sell, store and spend digital assets simply, safely.
Bakkt is a company of NYSE-operator InterContinental Exchange (ICE) designed to bring digital assets to the mainstream by enabling consumers and institutions to seamlessly buy, sell, store and spend digital assets. With the company’s key purpose being to bring trust, efficiency and commerce to digital assets, Bakkt develops open technology to introduce existing market and merchant infrastructure to the blockchain.
The deal between Bakkt and Apex Crypto is still subject to regulatory approval.
As per the deal, Bakkt will allow American Bank customers to buy, sell, and hold the two biggest digital assets – Bitcoin and Ethereum.
The CEO of Galaxy Digital is optimistic about the continued use of bitcoin as a hedge against deteriorating fiscal stewardship.