Bakkt Archives - CoinDesk

Bakkt

Microsoft

BlockFi Taps Defense Department, Microsoft Alum as Security Chief

Sebastian SinclairJun 16, 2020

BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.

Physical Bitcoins

Bakkt, Galaxy Digital to Offer Bitcoin Trading, Custody Solution for Institutions

Paddy BakerJun 10, 2020

Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year.

Bitcoin

No One Has Traded Bitcoin Options on Bakkt for Over a Month: Deribit Continues to Dominate

Zack VoellJul 23, 2020

Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15.

a16z

Blockchain Bites: a16z’s Cyclic Crypto Thinking and Grin’s Grim Outlook

Daniel KuhnMay 18, 2020

FalconX brought in an equivalent to Facebook's 2005 Series A while Grin flounders and a16z asks if crypto's on the cusp of a boom period.

Insurance

Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients

Nikhilesh DeMay 18, 2020

Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.

Bakkt

US Senate

Ex-Bakkt CEO Kelly Loeffler Got $9M Payout as She Left for US Senate: Report

Sebastian SinclairMay 7, 2020

Senator Kelly Loeffler received the hefty payout from her husband's company, Intercontinental Exchange, as she left bitcoin company Bakkt to take up her political position.

Intercontinental Exchange

ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2

Nikhilesh DeApr 30, 2020

ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.

Bakkt

Bakkt CEO Mike Blandina Steps Down 4 Months After Taking Role

Paddy BakerNikhilesh DeApr 23, 2020

Mike Blandina, Bakkt’s CEO since December 2019, will be stepping down from the role, CoinDesk has learned.

ICE

ICE Pushes Back on Claim Ex-Bakkt CEO Dumped Stocks After Senate COVID Briefing

Paddy BakerMar 20, 2020

U.S. Senator Kelly Loeffler and her husband sold up to $3.5 million in stock after a Jan. 24 briefing on COVID-19, but ICE says the transactions were conducted by financial advisors who had no input from the two.