NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year
NYSE parent firm Intercontinental Exchange is likely to spend over $20 million building its bitcoin futures trading platform Bakkt in 2019.
Bakkt is finally launching Monday. Here’s what to expect from bitcoin’s first regulated, physically settled, institutionally focused futures market.
Bakkt said Wednesday it would start offering customers access to its secure bitcoin storage warehouse starting Sept. 6.
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 scheduled to begin testing its bitcoin futures contracts Monday, more than six months after its originally planned launch date.
The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.