Bakkt to Trade Publicly on New York Stock Exchange (NYSE): What You Need to Know
Exciting news for the digital asset world! Bakkt, the digital assets management arm of Intercontinental Exchange (ICE), has officially joined the public market. After much anticipation, Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers, businesses, and institutions to buy, sell, spend, send, will be accessible to investors on the New York Stock Exchange.
Bakkt's Journey to the NYSE
Bakkt's journey to becoming a publicly traded company involved a strategic partnership. Bakkt, the arm of the ICE, made an announcement today stating it has completed their partnership deal with Victory Park Capital. This collaboration paved the way for Bakkt to become a publicly traded entity. Bakkt Holdings, the digital assets management arm of Intercontinental Exchange (ICE), has announced it will soon become a publicly traded company on the New York Stock Exchange.
Bakkt Holdings, Inc. (NYSE: BKKT)
The newly combined company will be renamed Bakkt Holdings, Inc. and will be listed on the New York Stock Exchange. As part of the transaction, Bakkt’s existing equity holders now have access to the public market. Cryptocurrency platform Bakkt will begin trading as a public company on the New York Stock Exchange on Monday, according to its owner, the Intercontinental Exchange.
Key Takeaways:
- NYSE Ticker Symbol: BKKT
- Focus: Digital asset platform enabling buying, selling, spending, and sending of cryptocurrency and digital assets.
- Public Debut: Officially trading on the NYSE.
- Owner: Intercontinental Exchange (ICE)
Bakkt’s cryptocurrency platform is reportedly planning to go public on the New York Stock Exchange. Starting next Monday, it will start trading as a publicly traded company. Investors are watching closely to see how Bakkt performs in the public market and how it will further shape the future of digital asset accessibility. While the Company recently had to cure the stock price with The notice does not result in the immediate delisting of the Common Stock from the NYSE. On Ma, the Company notified the NYSE that it intends to cure the stock price. Bakkt remains a key player in the digital asset landscape.
Stay tuned for further updates on Bakkt's performance on the NYSE.
ALPHARETTA, Ga.-(BUSINESS WIRE)-Bakkt Holdings, Inc. (NYSE: BKKT)