Bakkt
Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal
The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.
Bakkt Shares Still Look Cheap After 170% Rally: Benchmark
The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.
Bakkt Rated Buy With 44% Upside on Stablecoin Growth Potential: Clear Street
The company has sold non-core units to streamline into a blockchain-native payments platform, said Clear Street.
Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark
Under the firm's new CEO Akshay Naheta, Bakkt has shed its custody arm and is selling off its legacy loyalty business, the report said.
Bakkt Expands Global Bitcoin Play With 30% Stake in Japan’s Marusho Hotta
Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.
Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
Bakkt Names Akshay Naheta as Co-CEO Amid Stablecoin Payments Push
The partnership aims to integrate Bakkt’s trading platform with DTR’s stablecoin-based payments infrastructure
Bakkt Shares Drop 35% After Loss of Two Major Customers
The company is also delaying the filing of its annual report.
Donald Trump’s Media Group Eyes Purchase of Crypto Exchange Bakkt: Report
Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.
Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO
The current CEO Gavin Michael will step down “to pursue other opportunities.”
