Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client Verticals With Different Offerings by Acquiring Apex Crypto On Nov. 3, 2022, Bakkt announced that the company has purchased a “turnkey” crypto-trading platform called Apex Crypto, a platform that....
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The company said the acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings. Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its first payment of $55 million at the closing of the deal. The transaction will likely be completed by the first half of 2023 and is subject to regulatory approvals. Launched in 2019, Apex Crypto is a “turnkey platform” dedicated to integrated....
Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” With the partnership, Bakkt says consumers will benefit from the “expanded reach and access” to cryptocurrencies.
Google Collaborates With Bakkt to Expand Consumer Access to Cryptocurrencies
Intercontinental Exchange’s digital asset platform, Bakkt, announced Friday that it has partnered with Google “to introduce digital assets to millions of consumers.” By forming a partnership with Google, Bakkt said:
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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....
Touted for its ability to allow users to "leverage the digital assets in their day-to-day lives,” the Bakkt Visa debit card is now available for online and in-store purchases. Intercontinental Exchange subsidiary Bakkt has introduced a debit card allowing customers to use crypto for retail purchases.In a Tuesday announcement, Bakkt said it had launched a fully virtual Visa debit card for both online and in-store spending. Card holders can spend Bitcoin (BTC) from their Bakkt accounts without waiting to convert the cryptocurrency to fiat.“Imagine a Bitcoin user who sees a significant gain,”....
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. […]