Bakkt Confirms No Exposure to FTX, FTT, Alameda, or Other Affected Companies
KEY POINTS Bakkt confirmed it is not exposed to the bankruptcy of FTX, nor to the contagion among some crypto companies. Consumers on the Bakkt...
413 Views
Strong Customer Activity Drives Revenue +41% and Digital Volume +73%; Global Payments Pilot Launched
KEY POINTS 3Q22 revenue grew 41% Y/Y, driven by strong digital asset conversions (up 73%) and transacting accounts (up 21%). The company had more...
74 Views
Acquiring Apex Crypto, Turnkey Crypto Investing Platform, to Drive Additional Scale
KEY POINTS Bakkt announced the acquisition of turnkey crypto investing platform Apex Crypto. Apex Crypto serves more than 30 fintech firms,...
283 Views
Strong Revenue Growth of 60% Y/Y Plus Solid Cash of $315 Million Puts Bakkt in a Good Position to Leverage Its B2B2C Model
KEY POINTS Revenue grew 60% Y/Y, driven by strong digital asset conversions and loyalty programs. The company had more than $315 million in cash...
659 Views
Connecting the Digital Economy with Major Partners Signed and Strong Revenue Growth Momentum
KEY POINTS Bakkt is a digital asset platform B2B2C company with major partners already signed, including Mastercard, Finastra, Wells Fargo, Bank...
610 Views