This article comes fromDecrypt, the original author:Scott Chipolina
Odaily Translator | Nian Yin Si Tang
This article comes from, the original author:Odaily Translator | Nian Yin Si Tang
Bakkt Holdings Inc. is a crypto platform that provides custody services and retail-oriented applications,
Today the company is officially listed on the New York Stock Exchange (NYSE)
"Today, Bakkt's vision - to connect the digital economy - has reached new heights, and we are delighted to move forward as a public company," said Bakkt CEO Gavin Michael.AnnounceFounded in 2018 by Intercontinental Exchange (NYSE parent company), Bakkt is a cryptocurrency custody company. In other words, Bakkt first entered the crypto space as a company offering cold storage of bitcoins to investors.
Intercontinental Exchange (ICE) on Friday
Announce
Note: VPC Impact Acquisition Holdings is a blank check company incorporated on July 31, 2020 for the purpose of merging, exchanging shares, acquiring assets, purchasing shares, reorganizing or similar business combination with one or more businesses.
"Our platform integrates cryptocurrency, rewards, loyalty and payments, and we look forward to accelerating the plans we have begun: building a broader partner network, expanding access and utility of digital assets, and gaining access to the growing Momentum continues to grow in the space," Michael said.
At press time, BKKT shares were trading around $9, down 5.5% since the opening bell.
secondary titleBakkt's Crypto MovesFor three years, Bakkt has launched bitcoin futures trading services, a mobile app that lets users spend bitcoin on everyday purchases and, in June, a Visa debit card.
Bakkt launches its digital wallet app with merchant partners including StarbucksAnnounce. The app attracted 500,000 users in an invite-only trial before its public launch, Bakkt said in a release. The app was first announced in October 2019 and was originally scheduled to launch in the first half of 2020. The pandemic appears to have disrupted Bakkt's original timeline as the app focuses on the hospitality and travel industry. Bakkt aims to aggregate cryptocurrency holdings with other digital assets such as airline miles, gift cards and loyalty points. The app is now available to the public on the App Store and Google Play store, and customers can now reload their Starbucks cards at Bakkt through the Starbucks app for iOS, Bakkt said. Other partners for the app include Best Buy, Choice Hotels, Fiserv and GolfNow, it is reported.
Just a week ago, the company
