BlockFi Taps Defense Department, Microsoft Alum as Security Chief
BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.
Bakkt
A deal could be announced as soon as next week, the report said.
Trading volume in physically delivered bitcoin futures listed on Intercontinental Exchange's Bakkt platform surged to record highs on Tuesday.
The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.
Institutional interest is driving Bakkt's bitcoin futures volumes up, but its options market has remained quiet.
No One Has Traded Bitcoin Options on Bakkt for Over a Month: Deribit Continues to Dominate
Jul 23, 2020
Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15.
Bakkt
