American-based financial services company Sullivan Banks has entered the world of cryptocurrencies through a partnership with Bakkt Holdings, Inc, to leverage the exchange’s Crypto Connect, designed t...
Tag: Bakkt
Sullivan Bank and Bakkt Collaborate To Provide Crypto Trading
16 seconds ago | 2 mins read Bitcoin News Bakkt stores its clients’ cryptocurrency in a combination of hot and cold wallets. Founded in 1895, Sullivan Bank is among the nation’s oldest financial insti...
ICE-founded Bakkt CEO affirms ‘crypto isn’t going away’ despite heightened volatility
The 2022 cryptocurrency market meltdown has partly cast doubt on the sector’s sustainability, with investors incurring losses. Notably, the crash has recorded casualties, with several businesses runni...
Former Bakkt COO Adam White joins Blackstone as senior advisor
Former Bakkt COO Adam White has joined investment giant Blackstone as a senior advisor focused on crypto. This continues a trend of legacy financial institutions becoming more comfortable with the ass...
Bakkt Q2 Revenue Jumped By 60% YoY: Report
Digital asset platform, Bakkt Holdings, which is majority-owned by Intercontinental Exchange (ICE), generated quarterly net revenue of $13.6 million, an increase of 60% year over year (YoY). Despite t...
Why is the Chief Financial Officer of Bakkt Holdings Inc. leaving the firm?
Bakkt’s CFO is departing from the crypto firm next month after completing his tenure of slightly more than a year. On Friday, in an announcement, it was made clear that Drew Labenne, who’s the current...
Two Female Members Joins Bakkt BoD: Move To Enhance Diversity
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Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes
Bakkt Holdings, Inc – a fintech firm that provides crypto solutions – announced on Monday a strategic alliance with Global Payments Inc – a US firm that offers payment technology and services to merch...
Why does Bakkt Holdings face a Class Action Lawsuit as Brager Eagel and Squire, P.C. announced?
In the announcement, the law firm also asked investors who also feel about filing complaints against the Company can register as a plaintiff in the court A Stockholder rights law firm has national rec...
Bakkt Inks a Deal With American Bank to Offer Crypto Services – crypto.news
American bank has inked an deal with Bakkt to bring cryptos closer to its customers. The deal entails allowing customers to trade crypto assets on Bakkt through the bank’s financial systems. The partn...
Bakkt Signs Deal to Allow American Bank Customers Buy/Sell Cryptocurrencies
As per the deal, Bakkt will allow American Bank customers to buy, sell, and hold the two biggest digital assets – Bitcoin and Ethereum. On Wednesday, April 6, Bakkt – the crypto wing of Intercontinent...
American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens
To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank, a community bank headquartered in Allentown, Pennsylvania, has partnered with Bakkt. Through t...
AMBK and Bakkt Holdings partner to promote crypto
TL;DR Breakdown • AMBK could become the first bank to trade cryptocurrencies• Bakkt Holdings promises to develop a reliable crypto service to adopt Bitcoin Recently, the Bakkt Holdings director, a cor...
American Bank Taps Bakkt Crypto Connect Solution for New Offerings
Bakkt, the cryptocurrency arm of Intercontinental Exchange (ICE), announced on Wednesday that American Bank had picked the Bakkt crypto connect solution to enable their bank customers to buy, sell and...
Bakkt inks deal to offer bitcoin, ether buys and sells to American Bank customers
American Bank, a community bank headquartered in Allentown, Pennsylvania, has signed a deal with Bakkt in a bid to offer its customers the ability to buy and sell bitcoin and ether. The service is exp...
Galaxy Digital and Bakkt CEOs Express Differing Opinions on Bitcoin Being Digital Gold
The CEO of Galaxy Digital is optimistic about the continued use of bitcoin as a hedge against deteriorating fiscal stewardship. At the Barclays Crypto and Blockchain Summit held online March 29 – 30th...
Here Are the Most Popular Digital Assets Among Crypto Holders in the US, According to New Bakkt Survey
A new survey commissioned by digital asset platform Bakkt shows that the most popular digital assets among US-based crypto holders are Bitcoin (BTC) and Ethereum (ETH). The 504 cryptocurrency owners w...
Bakkt unveils the total balance sheet for 2021- The Cryptonomist
Yesterday, 17 February, Bakkt Holdings announced its financial statements for the fourth quarter of last year and therefore for the whole of 2021. Bakkt’s balance sheet in 2021 During 2021, Bakkt had...
Bakkt and Valliance Team Up to Offer Banking Customers Crypto
More and more customers of traditional banks and financial institutions are seeking ways to retain their monetary freedom and find new methods of investing. Crypto’s popularity is growing steadily eve...
Valliance Bank Taps Bakkt to Provide Crypto Trading Services to Customers
Valliance Bank has selected Bakkt Holdings, Inc, a digital assets company, as it looks to offer its retail customers access to cryptocurrency. Bakkt announced that Valliance Bank will provide its bank...
Valliance Bank Partners With Bakkt to Enable Cryptocurrency Exposure
Digital asset platform Bakkt Holdings has teamed up with Valliant Bank, an institution that provides financial services, to bring a seamless crypto experience to the bank’s customers. According to a p...
Why This Bank Will Offer Bitcoin And Ethereum Via Bakkt
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 pro...
Shares of Digital Asset Management Platform Bakkt Correct 90% in Three Months after Launch
While Bakkt faces 90% erosion in its market cap, the company spokesperson confirms that they are well capitalized for their long-term plans. While cryptocurrency prices have plummeted severely over th...
Bakkt Shares Down 90% Since October Launch Despite Numerous Partnerships
Bakkt – a digital asset management platform – has seen its shares plummet since going public in October. Trading at over $40 on October 29th, its stock is now as cheap as $3.96 on the NYSE. Down Along...
Nexo partners with Bakkt for digital asset custody services
Nexo, a cryptocurrency lending platform, will be partnering with Bakkt Holdings to offer digital asset custody services. Bakkt Holdings will have custody over a portion of Bitcoin and Ethereum holding...
Nexo Tapped Bakkt as its Cryptocurrency Custodian Partner
The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum ...
Nexo Partners with Bakkt For Ethereum and Bitcoin Custody
Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform, has partnered with Nexo, a regulated digital assets institution. The partnership will see Bakkt providing custody for cryptocurrency assets...
Bakkt Partners With Nexo To Enhance Secure Custody of Crypto Assets
Bakkt Holdings, Inc. recently closed a partnership deal with the leading regulated digital asset institution Nexo, which will see Bakkt custody Nexo’s cryptocurrency assets including Bitcoin and Ether...
Nexo Taps Bakkt for Crypto Services
On January 19, Bakkt Holdings Inc announced a partnership with Nexo, a cryptocurrency-backed loan platform, to custody crypto assets in the Bakkt warehouse. The partnership will see Nexo using Bakkt’s...
Bakkt and Nexo partner for secure custody of crypto assets
Bakkt Holdings, Inc., a trusted digital asset platform that allows users to buy, sell, send and spend a variety of digital assets, entered into a partnership with Nexo (NEXO/USD), the leading regulate...