Bakkt is enabling institutional, merchant and consumer to have access to digital assets in a secure, trusted ecosystem. By leveraging the cybersecurity tools on which leading global exchanges like ICE and NYSE rely, Bakkt is delivering a new standard in digital asset custody.
Bakkt existing offers include – Daily Bitcoin futures contract, Monthy Bitcoin futures contract and soon to launch Bitcoin futures option and payment app for consumers and merchants or peers to conduct transactions in digital assets.
Bakkt, a crypto trading platform is going public at a roughly $2.1 billion enterprise value by merging with a blank-check company called VPC Impact Acquisition Holdings. The deal was guided by Shearman & Sterling LLP and White & Case LLP. Since its founding nearly three years ago, Bakkt has been...
Bakkt prepares to offer cash-settled bitcoin futures. Bakkt announced the development in a press release issued on Nov 21st. The new contract will be listed on ICE Futures Singapore and cleared by ICE Clear Singapore, which is regulated by the Monetary Authority of Singapore. Bakkt wants to set itself apart...
Bakkt launches its enterprise-grade custody service. Announcing the development in a blog post, the firm said that now clients can use the Bakkt warehouse to safeguard their Bitcoin assets. Previously, the Bakkt provided custody only to clients trading the Bakkt Bitcoin Futures contracts. Among the first to choose the Bakkt...
Bakkt plans to launch its consumer and the merchant application by the first half of next year. It allows consumers to pay for their purchases in Bitcoin and for merchants to get the instant conversion in fiat currency. Announcing the development in a blog post, Mike Blandina, Chief Product Officer...
Bakkt to offer options on its bitcoin futures contract. As per the announcement, Bakkt will launch the first regulated options contract for bitcoin futures on December 9, 2019. This will give the buyer of a futures option contract the right to buy or sell a particular futures position at a...
Bakkt physically-settled BTC futures contract hit a new volume record yesterday. The platform saw a demand of $4.5 Million volume in the Bakkt BTC futures contract. Till now the total futures contract executed in Bakkt’s platform stand at approx. $20 Million, an average per day of $0.89 Million since its...
After a year of wait, Bakkt, the first to get regulatory approval for trading Bitcoin futures went live on September 23. Bakkt which many see as a gateway for Bitcoin widespread adoption, so far the volume shows little interest from institutional investors. Bakkt Bitcoin futures contract volume in the first...
Bakkt Bitcoin futures contract goes live on Sunday at 8:00 PM EDT recording a total of 28 BTC in the opening 9 hours of the trading. As of press time, the price of Bakkt monthly Bitcoin futures contract is $10,025, while the Bitcoin prices on spot exchanges like Coinbase, Binance...
Bakkt announced today that they have clearance from the New York State Department of Financial Services to launch Bitcoin futures.
