No Result
View All Result
Subscribe
Saturday, February 27, 2021
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact
No Result
View All Result
CRYPTOCURRENCIESNEWS
No Result
View All Result
Home Crypto News

Bakkt might go public by means of rumored $2B merger

by admin
January 8, 2021
in Crypto News
Bakkt might go public by means of rumored $2B merger

Bakkt, the cryptocurrency buying and selling platform majority-owned by Intercontinental Change, is rumored to be deep in discussions to go public by means of a merger with VPC Affect Acquisition Holdings.

On Jan. 7, Bloomberg revealed a narrative citing nameless sources “with data of the matter” who claimed Bakkt is already in superior talks concerning the merger, predicting that an official announcement on the matter could possibly be revealed as quickly as subsequent week.

The sources estimate the mixed entity could possibly be valued at greater than $2 billion ought to the merger be accomplished.

VPC is a particular function acquisition firm intently affiliated with Victory Park Capital — an SEC-registered various funding agency. VPC chief govt John Martin has described the agency’s core technique as searching for to “determine, companion with and assist develop a enterprise within the fintech sector.”

Bakkt launched in 2019 and is an institutional centered, regulated platform providing “physically-delivered” Bitcoin futures contract. The alternate’s futures drove $286 million in commerce quantity over the previous week.

Bakkt’s founding CEO and outgoing U.S. Senator, Kelly Loeffler, misplaced Georgia’s run-off election on Jan. 6.

ShareTweetShare

Related Posts

This bullish Bitcoin choices technique lets merchants speculate on BTC value with much less danger
Crypto News

This bullish Bitcoin choices technique lets merchants speculate on BTC value with much less danger

February 27, 2021
Economist warns of dystopia if ‘Bitcoin Aristocrats’ turn out to be actuality
Crypto News

Economist warns of dystopia if ‘Bitcoin Aristocrats’ turn out to be actuality

February 27, 2021
Listed below are 6 DEX tokens which have seen exponential progress in 2021
Crypto News

Listed below are 6 DEX tokens which have seen exponential progress in 2021

February 27, 2021
Is Bitcoin liable to one other drop under $40K in a traditionally corrective March?
Crypto News

Is Bitcoin liable to one other drop under $40K in a traditionally corrective March?

February 27, 2021
Establishments and miners accumulating by way of Bitcoin chop; whales unsure
Crypto News

Establishments and miners accumulating by way of Bitcoin chop; whales unsure

February 27, 2021
Transferring past the disaster narrative: Crypto in a post-pandemic world
Crypto News

Transferring past the disaster narrative: Crypto in a post-pandemic world

February 27, 2021

Most Read

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

February 20, 2021
Exmo crypto alternate suffers hack, halts all withdrawals

Exmo crypto alternate suffers hack, halts all withdrawals

December 21, 2020
JPMorgan Chase execs weigh in on stablecoin regulation, crypto competitors

JPMorgan Chase execs weigh in on stablecoin regulation, crypto competitors

January 16, 2021
XRP value beneficial properties 86% after Wall Road Bets’ crypto wing says 'pump it'

XRP value beneficial properties 86% after Wall Road Bets’ crypto wing says 'pump it'

January 31, 2021
Blockchain-based Gaming Platform Exceedme Publicizes Strategic Buyers And Companions

Blockchain-based Gaming Platform Exceedme Publicizes Strategic Buyers And Companions

December 27, 2020
Chainlink hits new highs, however is LINK about to drag one other 150% parabolic transfer?

Chainlink hits new highs, however is LINK about to drag one other 150% parabolic transfer?

February 10, 2021
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact

Copyright © 2020 CryptoCurrenciesNews | All Rights Reserved

No Result
View All Result
  • Home
  • Crypto News
  • Offers
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA Notice
  • Contact

Copyright © 2020 CryptoCurrenciesNews | All Rights Reserved