What is Bakkt?
Bakkt is a digital asset platform launched by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. It provides a regulated ecosystem for digital assets, focusing on institutional investors and mainstream adoption of cryptocurrencies.
Key Features
- Regulated Platform: Operates under federal regulations and oversight
- Physical Bitcoin Futures: Delivers actual Bitcoin rather than cash settlements
- Institutional Focus: Designed for professional and institutional traders
- Custody Solutions: Provides secure storage for digital assets
Services Offered
- Trading: Bitcoin futures and options contracts
- Custody: Secure storage solutions for digital assets
- Payments: Integration with traditional payment systems
- Consumer App: Digital wallet and payment solutions
Market Impact
- Brings institutional credibility to cryptocurrency markets
- Provides regulated access to digital asset investments
- Enhances market infrastructure and security
- Facilitates mainstream cryptocurrency adoption
Related Terms
Ready to Start Trading?
Join The Kingfisher community and get access to professional-grade trading tools and insights.