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Bakkt names new co-CEO amid re-focus on crypto offerings


Crypto custody and trading firm Bakkt Holdings has appointed a new co-CEO and is cutting some of its services to focus on its crypto offerings after recently losing two major clients.Akshay Naheta, the founder of stablecoin payments infrastructure firm Distributed Technologies Research (DTR), will...

Bakkt stock tumbles nearly 30% after losing Bank of America and Webull


Crypto firm Bakkt’s share price has closed March 18 trading down over 27% after it disclosed that two of it biggest clients, the Bank of America and Webull, won’t renew commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America...

Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles


Crypto trading platform Bakkt announced Monday that Andy Main will take over as President and CEO. He will replace Gavin Michael, who is leaving for new opportunities. The post Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles appeared first on Cryptonews

Bakkt Holdings under NYSE’s lens for share price listing breach


Bakkt Holdings, Inc. (NYSE: BKKT), a company known for developing solutions that help businesses expand alongside the crypto economy, was warned today by the New York Stock Exchange (the “NYSE”) that it has failed to comply with Section 802.01C of the NYSE Listed Company Manual. As...

ICE-Backed Bakkt Alerts of Possible Closure, Cites Cash Crisis


Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate...

Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia


Bakkt Holdings, crypto trading and custody platform, announced the expansion of its crypto operations in several crypto-friendly international jurisdictions. The digital assets solutions firm has established crypto trading and onramp capabilities in Brazil and Guatemala, adding to Bakkt’s existing...

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