Digital asset derivatives trading and custody platform Bakkt announced its partnership with Galaxy Digital, financial services company, on June 10. Bakkt and Galaxy Digital will together launch a collaborative white-glove trading and custody service for institutional investors.

Owned by Intercontinental Exchange (ICE), Bakkt will utilize its Bakkt Warehouse to guard digital assets for clients, while Galaxy Digital Trading will offer market access and trading abilities. The duo aims to provide its clients with efficient services, including onboarding, trading, and crypto assets storage.

By Dawn Wu