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Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion


Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under...

Bakkt Plans to Have 18M Users in 2022, Announces Post-Merger Valuation


Bakkt, the crypto platform owned by the Intercontinental Exchange Inc., said that they plan to have nearly 20m users by next year - twice as many as what's projected for this year. They also announced that their post-merger enterprise value might reach USD 2.1bn. Per Bakkt's investor deck...

Bitcoin Auction, Norwegian Digital Bank, Bakkt Merger + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news The Finnish treasury is in for a whopping boost as the nation’s customs agency prepares to auction off BTC 1,981 (USD 81m). The vast...

YFI and SUSHI Rally as DeFi Superpowers Headed for Merger


Source: Adobe/Nik_Merkulov The DeFi protocol yearn.finance (YFI) is set to merge with SushiSwap (SUSHI), another leading DeFi protocol, with their respective tokens surging. SUSHI is up 27% in the past 24 hours, trading at USD 1.87 (09:11 UTC), YFI jumped by almost 8%, to USD 27,380. Per a blog...

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