Bakkt shares skyrocket after partnering with Mastercard and Fiserv
Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms. 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, sell and hold digital assets through custodial wallets. On the same day, global payment provider Fiserv also announced a strategic....
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Coming every Saturday, Hodlers 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 and Fiserv On Monday, the share price of the Intercontinental Exchange-backed crypto services company Bakkt (BKKT) surged 120% on the back of two major partnerships with Mastercard and Fiserv.Both partnerships were announced on Monday, with the Mastercard deal....
Per a report by CNBC, payment giant Mastercard will double down on its crypto future. The company announced a partnership with Bakkt, a financial services company, in an attempt to increase its crypto capacities. Related Reading | Payments Giant Mastercard Buys CipherTrace To “Enhance Crypto Capabilities” The integration will allow Mastercard’s users, banks, or merchants, to […]
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 recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter program and will be able to connect to the crypto platform via its mobile banking app. Related Reading | Mastercard Integrates With Bakkt, Merchants Will […]
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 (NYSE: BKKT) has announced the company will “soon” offer ethereum (ETH) in addition to offering bitcoin (BTC). The digital asset manager listed on the New York Stock Exchange (NYSE), as a subsidiary of Intercontinental Exchange (ICE),....