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Bakkt

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As an initial component of the Bakkt offering, Intercontinental Exchange's U.S.-based futures exchange and clearing house plan to launch a one-day physically delivered BTC contract along with physical warehousing in 2019, subject to CFTC review and approval, which was delayed. These regulated venues
734: 380:, and others to create a software platform. The Bakkt ecosystem is expected to include federally regulated markets and warehousing along with merchant and consumer applications. Its first use cases was for trading and conversion of 400:
will establish new protocols for managing the specific security and settlement requirements of digital currencies. In addition, the clearing house plans to create a separate guarantee fund that will be funded by Bakkt.
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In February 2020, Intercontinental Exchange acquired Bridge2 Solutions, a loyalty rewards provider, which was then contributed to Bakkt.
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In January 2019, Bakkt acquired certain assets of Rosenthal Collins Group to advance its consumer payments initiatives.
601: 169: 474:"BAKKT HOLDINGS, INC. SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934" 754: 806: 714:"Bakkt to go public via merger with SPAC VPC Impact Acquisition in deal with $ 2.1 billion enterprise value" 854: 690: 849: 628: 361: 344: 336: 271: 93: 582: 555: 294: 674: 425: 369: 340: 141: 135: 54: 556:"The NYSE's Owner Wants to Bring Bitcoin to Your 401(k). Are Crypto Credit Cards Next?: sources" 320: 393: 158: 8: 786: 316: 121: 760: 696: 634: 583:"The NYSE's Owner Wants to Bring Bitcoin to Your 401(k). Are Crypto Credit Cards Next?" 560: 650:"Bakkt acquires Digital Asset Custody Company, applies for NY trust company status" 229: 493:"Crypto Platform Bakkt Reports First Earnings, Lays Out Bold Partnership Strategy" 420:
In October 2021, Bakkt completed a merger with VPC Impact Acquisition Holdings, a
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In September 2019, Intercontinental Exchange began trading of bitcoin futures.
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announced it was forming a new company Bakkt, which was intended to leverage
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online servers to manage digital assets. Bakkt was said to be working with
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In April 2019, Bakkt acquired Digital Asset Custody Company (DACC).
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Osipovich, Alexander; Rubin, Gabriel T. (March 21, 2019).
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sponsored by Victory Park Capital and was listed on the
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for payments and purchases and sales of cryptocurrency.
283: 535:"Why Is Everyone Talking About Bakkt Holdings Stock?" 456:"Bakkt Holdings, Inc. 2023 Annual Report (Form 10-K)" 392:served as Bakkt's CEO until her appointment to the 753: 712: 689: 670:"NYSE Owner Launches Long-Awaited Bitcoin Futures" 668: 627: 845:Financial services companies of the United States 355: 251:VPC Impact Acquisition Holdings Sponsor, LLC (2%) 821: 830:Companies listed on the New York Stock Exchange 599: 512:Bhattacharjee, Shomik Sen (October 19, 2021). 602:"Bitcoin Futures Launch Hits Regulatory Snag" 511: 553: 835:2018 establishments in Georgia (U.S. state) 335:. Bakkt was founded by and is 55% owned by 785: 667:Osipovich, Alexander (22 September 2019). 293: 25: 865:Companies based in Fulton County, Georgia 666: 196: 176: 792:Business data for Bakkt Holdings, Inc.: 751: 710: 490: 478:U.S. Securities and Exchange Commission 460:U.S. Securities and Exchange Commission 840:American companies established in 2018 822: 860:Special-purpose acquisition companies 687: 625: 491:Ehrlich, Steven (November 12, 2021). 450: 448: 416:2021–present: Publicly listed company 16:Publicly traded digital asset manager 711:Linnane, Ciara (January 11, 2021). 532: 422:special-purpose acquisition company 13: 445: 14: 876: 772: 688:TULLY, SHAWN (February 5, 2020). 626:TULLY, SHAWN (January 14, 2019). 327:platform for owning and trading 236: 235: 216: 215: 195: 175: 153: 152: 752:SCHWARTZ, LEO (April 3, 2023). 745: 727: 704: 681: 660: 642: 554:Tully, Shawn (August 3, 2018). 304:Footnotes / references 619: 593: 575: 547: 526: 505: 484: 466: 431:In April 2023, Bakkt acquired 356:2018–2020: Under ICE ownership 1: 533:Sun, Leo (October 29, 2021). 438: 7: 343:. Bakkt earns revenue from 339:(ICE), which also owns the 10: 881: 350: 362:Intercontinental Exchange 337:Intercontinental Exchange 302: 278: 272:Intercontinental Exchange 265: 255: 247: 227: 207: 187: 167: 148: 128: 117: 94:Intercontinental Exchange 74: 64: 46: 33: 24: 675:The Wall Street Journal 426:New York Stock Exchange 370:Boston Consulting Group 341:New York Stock Exchange 321:software as a service 101:; 2 years ago 99:October 15, 2021 83:; 6 years ago 394:United States Senate 313:Bakkt Holdings, Inc. 92:(as a subsidiary of 20:Bakkt Holdings, Inc. 855:Corporate spin-offs 606:Wall Street Journal 317:Alpharetta, Georgia 315:, headquartered in 261:747 (December 2023) 257:Number of employees 122:Alpharetta, Georgia 21: 741:. 15 October 2021. 81:July 31, 2018 19: 850:Bitcoin companies 737:(Press release). 656:. April 30, 2019. 654:Finextra Research 480:. April 19, 2024. 462:. March 25, 2024. 310: 309: 140:Karen Alexander ( 872: 789: 784: 783: 781:Official website 766: 765: 757: 749: 743: 742: 731: 725: 724: 716: 708: 702: 701: 693: 685: 679: 678: 672: 664: 658: 657: 646: 640: 639: 631: 623: 617: 616: 614: 612: 597: 591: 590: 579: 573: 572: 570: 568: 551: 545: 544: 530: 524: 523: 509: 503: 502: 488: 482: 481: 470: 464: 463: 452: 360:In August 2018, 298: 297: 290: 287: 285: 242: 239: 238: 232: 222: 219: 218: 212: 202: 199: 198: 182: 181:US$ −228 million 179: 178: 170:Operating income 162: 156: 155: 109: 107: 102: 91: 89: 84: 29: 22: 18: 880: 879: 875: 874: 873: 871: 870: 869: 820: 819: 816: 779: 778: 775: 770: 769: 750: 746: 733: 732: 728: 709: 705: 686: 682: 665: 661: 648: 647: 643: 624: 620: 610: 608: 598: 594: 581: 580: 576: 566: 564: 552: 548: 540:The Motley Fool 531: 527: 510: 506: 489: 485: 472: 471: 467: 454: 453: 446: 441: 418: 386:fiat currencies 358: 353: 306: 292: 282: 258: 240: 228: 221:US$ 967 million 220: 208: 201:US$ −75 million 200: 192: 180: 172: 157: 139: 131: 113: 105: 103: 100: 87: 85: 82: 51: 17: 12: 11: 5: 878: 868: 867: 862: 857: 852: 847: 842: 837: 832: 818: 817: 815: 814: 809: 804: 799: 793: 790: 774: 773:External links 771: 768: 767: 744: 726: 703: 680: 659: 641: 618: 592: 574: 546: 525: 504: 483: 465: 443: 442: 440: 437: 417: 414: 390:Kelly Loeffler 357: 354: 352: 349: 333:loyalty points 331:and redeeming 329:cryptocurrency 308: 307: 300: 299: 280: 276: 275: 269: 263: 262: 259: 256: 253: 252: 249: 245: 244: 241:US$ 48 million 233: 225: 224: 213: 205: 204: 193: 188: 185: 184: 173: 168: 165: 164: 150: 146: 145: 132: 129: 126: 125: 119: 115: 114: 112: 111: 97: 78: 76: 72: 71: 66: 62: 61: 52: 47: 44: 43: 35: 31: 30: 15: 9: 6: 4: 3: 2: 877: 866: 863: 861: 858: 856: 853: 851: 848: 846: 843: 841: 838: 836: 833: 831: 828: 827: 825: 813: 810: 808: 805: 803: 800: 798: 795: 794: 791: 788: 782: 777: 776: 763: 762: 756: 748: 740: 739:Business Wire 736: 730: 722: 721: 715: 707: 699: 698: 692: 684: 676: 671: 663: 655: 651: 645: 637: 636: 630: 622: 607: 603: 596: 588: 584: 578: 563: 562: 557: 550: 542: 541: 536: 529: 521: 520: 515: 508: 500: 499: 494: 487: 479: 475: 469: 461: 457: 451: 449: 444: 436: 434: 429: 427: 423: 413: 410: 407: 404: 401: 397: 395: 391: 387: 384:(BTC) versus 383: 379: 375: 371: 367: 363: 348: 346: 342: 338: 334: 330: 326: 322: 319:, provides a 318: 314: 305: 301: 296: 289: 281: 277: 273: 270: 268: 264: 260: 254: 250: 246: 234: 231: 226: 214: 211: 206: 194: 191: 186: 174: 171: 166: 160: 151: 147: 143: 137: 133: 127: 123: 120: 116: 98: 95: 80: 79: 77: 73: 70: 67: 63: 60: 56: 53: 50: 45: 42: 39: 36: 32: 28: 23: 759: 747: 729: 718: 706: 695: 683: 662: 653: 644: 633: 621: 609:. 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Retrieved 559: 549: 538: 528: 517: 507: 496: 486: 468: 430: 419: 411: 408: 405: 402: 398: 359: 312: 311: 303: 230:Total equity 210:Total assets 118:Headquarters 34:Company type 807:SEC filings 720:MarketWatch 345:commissions 323:(SaaS) and 161:780 million 134:Andy Main ( 824:Categories 439:References 190:Net income 130:Key people 106:2021-10-15 88:2018-07-31 41:subsidiary 797:Bloomberg 567:August 3, 378:Starbucks 374:Microsoft 366:Microsoft 110:(spinoff) 49:Traded as 611:April 2, 65:Industry 761:Fortune 697:Fortune 635:Fortune 587:Fortune 561:Fortune 433:Chicago 382:Bitcoin 372:(BCG), 351:History 279:Website 149:Revenue 104: ( 86: ( 75:Founded 69:Fintech 57::  812:Yahoo! 802:Google 498:Forbes 291:  286:.bakkt 267:Parent 243:(2023) 223:(2023) 203:(2023) 183:(2023) 163:(2023) 124:, U.S. 38:Public 274:(55%) 248:Owner 613:2019 569:2018 519:NDTV 288:.com 159:US$ 59:BKKT 55:NYSE 325:API 284:www 142:CFO 136:CEO 826:: 758:. 717:. 694:. 673:. 652:. 632:. 604:. 585:. 558:. 537:. 516:. 495:. 476:. 458:. 447:^ 428:. 396:. 388:. 376:, 764:. 723:. 700:. 677:. 638:. 615:. 589:. 571:. 543:. 522:. 501:. 144:) 138:) 108:) 96:) 90:)

Index

Bakkt logo
Public
subsidiary
Traded as
NYSE
BKKT
Fintech
Intercontinental Exchange
Alpharetta, Georgia
CEO
CFO
US$
Operating income
Net income
Total assets
Total equity
Parent
Intercontinental Exchange
www.bakkt.com
Edit this on Wikidata
Alpharetta, Georgia
software as a service
API
cryptocurrency
loyalty points
Intercontinental Exchange
New York Stock Exchange
commissions
Intercontinental Exchange
Microsoft

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