Starbucks Going Digital Bucks a ‘Very Big Deal’ for Crypto, Says Tom Lee
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Starbucks Going Digital Bucks a ‘Very Big Deal’ for Crypto, Says Tom Lee

THELOGICALINDIAN - Tom Lee animadversion on a new roadmap thathas been apparent auspicious institutions to aback crypto groundwork

Intercontinental Exchange (ICE), “a arch abettor of all-around exchanges such as the New York Stock Exchange (NYSE), clearinghouses, abstracts and listings services,” announced its new platform Bakkt Friday.

Intercontinental Exchange hopes to coact with a apartment of companies like Starbucks and BCG, whilst application billow technology from Microsoft in adjustment “[…]to actualize an accessible and regulated, all-around ecosystem for agenda assets:

All of these elements are geared appear an accomplishment that seeks “to actualize an chip belvedere that enables consumers and institutions to buy, sell, abundance and absorb agenda assets on a seamless all-around network.”

Regarding the matter, Thomas Lee agilely remarked the afterward on Twitter:

On the added hand, Howard Schultz, architect and CEO of Starbucks, remains skeptical of Bitcoin as a trusted bill of the near-future:

Two Worlds Collide

As agenda technology applications advance in bike with authoritative measures, Bakkt is hopeful that:

By bringing these two worlds into dialogue, architect and CEO of ICE Jeffery Sprecher hopes to advance an ambience of aplomb aural ahead beginning markets. Aural the abutting few weeks, added information on the barrage of Bakkt will be accessible via Bakkt.com.

Business Wire addendum that Intercontinental Exchange

To the admeasurement that ICE serves as a self-described “on-ramp” for the chip safety and believability of agenda assets, Bakkt CEO Kelly Loeffer remarks that the Bakkt team is “collaborating to body an accessible belvedere that helps alleviate the transformative abeyant of agenda assets beyond all-around markets and commerce.”

As far as believability and candor stretch, ICE is a all-around assertive with a affluent history in the banking sector. Business Wire is agog to point out that “ICE is the ancestor aggregation of the New York Stock Exchange, which has helped companies accession added basic than any added barter in the world, active bread-and-butter advance and transforming markets.”

An alignment with a banking birth such as ICE can alone accelerate those who abide optimistic about new agenda asset technologies.

What are your thoughts about the anew appear Bakkt application? Don’t alternate to let us apperceive in the comments below.

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