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Seeking Alpha 2022-05-04 18:36:41

Bakkt: The Emergence Of A Crypto-Economy Giant

The U.S. is playing a key role in the global adoption of the crypto economy. DeFi, Blockchain, and digital assets are ascendant.Crypto, DeFi, and its foundational blockchain are here to stay. Bakkt is positioned at the intersection of these disruptive technologies.Amidst this rapidly growing landscape of crypto infrastructure, a financial services giant may be emerging. Bakkt Holdings was born of the Intercontinental Exchange's desire to fill a void in crypto.ICE is the parent company of both the NYSE, and of Bakkt. With the support and collaboration of ICE, Bakkt is expanding its business model to serve merchants and consumers.Mastercard, Apple Pay, Google Pay, Finastra, Fiserve, Starbucks, Wyndham and Choice hotels, Microsoft, major banks, airlines, and a gig economy company are among the early existing relationships for Bakkt.

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