Express

Crypto Exchange Bakkt Nears Merger With Blank-check Firm VPC

Amy Liu

Summary: Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange Inc., is in advanced talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings, as reported by Bloomberg. The transaction is set to value the combined entity at more than $2 billion, and an announcement may come as soon as next week. ...

Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange Inc., is in advanced talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings, as reported by Bloomberg. The transaction is set to value the combined entity at more than $2 billion, and an announcement may come as soon as next week.

By Amy Liu

Last Update:

Tags: ,,
Link: Crypto Exchange Bakkt Nears Merger With Blank-check Firm VPC   [Copy]
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 2 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 5 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 9 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 11 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 13 days ago
  • You need to login to comment.