Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report
The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.
It’s way too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, equity analysts at Oppenheimer & Co. said.
Bakkt is finally launching Monday. Here’s what to expect from bitcoin’s first regulated, physically settled, institutionally focused futures market.
Bakkt’s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts.
Bakkt said Wednesday it would start offering customers access to its secure bitcoin storage warehouse starting Sept. 6.
Bakkt is scheduled to begin testing its bitcoin futures contracts Monday, more than six months after its originally planned launch date.