Digital Asset Marketplace Bakkt To Start Trading Publicly On The New York Sto...
Bakkt Holdings, a Digital asset platform, announced on Friday that it had completed its business combination with VPC Impact Acquisition Holdings. VPC Impact Acquisition Holdings was a special-purpose acquisition company. The combined company now operates as Bakkt Holdings, Inc. At the extraordinary general meeting held on October 14, 2021, VPC’s shareholders voted to approve the merger. […]
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From Oct. 18, Bakkt's common stock and warrants will be listed on NYSE under the ticker symbols “BKKT” and “BKKT WS” respectively. Bakkt Holdings, the digital assets management arm of Intercontinental Exchange (ICE), has announced to soon become a publicly-traded company on the New York Stock Exchange from Oct. 18. The public listing for Bakkt ticker comes as a result of a merger with VPC Impact Acquisition Holdings, a Chicago-based special purpose acquisition company. According to an official statement, a shareholders meeting regarding the merger saw approximately 85.1% approval for the....
The price of BKKT contracted by more than 6% during its first day of public trade. 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 by roughly 3.3% up to $9.77 during its first 30 minutes of trading. However, traders quickly moved to take profits, causing prices to slump by -9.5% down to $8.84 followed by lunchtime.According....
The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker “BKKT.” Digital Currency Firm Bakkt Set to List on NYSE Next Week The digital currency firm Bakkt is set to start trading on NYSE next week, according to an announcement from the combined firms on Friday. The shares will be called “BKKT” and the....
Bakkt will also have a money transmitter license in the state of New York. Bakkt has become the latest crypto firm to get a BitLicense.On Thursday, the New York Department of Financial Services announced that Bakkt had become the 29th BitLicensee. First granted to Paxos in 2015, the BitLicense is New York's program for regulating digital currency firms. With it, Bakkt will have new access to offer crypto trading in the financial center of the U.S.The NYDFS also took the opportunity to plug its other crypto initiatives, including a tech sprint that aims to find new ways of getting data from....
The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.