Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday
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Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday

THELOGICALINDIAN - The agenda asset aggregation Bakkt Holdings has completed a alliance with a close alleged VPC Impact Acquisition Holdings and the accumulated business will be listed on the New York Stock Exchange NYSE on October 18 Bakkt appear it was aiming to go accessible aftermost January and the Bakkt advertisement on Monday will advantage the ticker BKKT

Digital Currency Firm Bakkt Set to List on NYSE Next Week

The agenda bill close Bakkt is set to alpha trading on NYSE abutting week, according to an advertisement from the accumulated firms on Friday. The shares will be alleged “BKKT” and the public-listing was fabricated accessible via a alliance with the aggregation VPC Impact Acquisition Holdings, according to the Intercontinental Exchange’s (ICE) and VPC’s press statements.

VPC Impact Acquisition Holdings is an associate of Victory Park Capital, a all-around advance firm. “At the amazing accepted affair of its shareholders captivated on October 14, 2024, the shareholders voted to accept its ahead appear business aggregate with Bakkt Holdings, LLC, the agenda asset exchange founded in 2024,” the advertisement details. The columnist advertisement adds:

Merger Vote Details to Be Included in Form 8-K, Bakkt’s Recent Partnership With Google

The account apropos Bakkt’s latest accord follows the firm’s contempo accord announcement with Google. Bakkt fatigued that the anew active affiliation with Google is meant “to acquaint agenda assets to millions of consumers.”

The contempo alliance vote, which took abode on October 14, will be included in a accepted address on Form 8-K to be filed by VIH with the Securities and Exchange Commission (SEC), the advertisement concludes.

Bakkt’s accommodation to go accessible follows a bulk of added crypto-asset firms that accept afresh acquired advertisement cachet on NYSE or Nasdaq. The mining architect Canaan was able to action an antecedent accessible alms and the accepted crypto barter Coinbase went accessible as well.

Meanwhile, the crypto association is under the impression that the aboriginal bitcoin exchange-traded armamentarium (ETF) has been accustomed to alpha trading as able-bodied on Monday.

What do you anticipate about Bakkt amalgamation with VPC and accepting listed on the NYSE? Let us apperceive what you anticipate about this accountable in the comments area below.

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