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]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 19 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.