bakkt

Bakkt leadership
Digital Asset Platform Bakkt Agrees to Buy Apex Crypto for Up to $200M
The firm will pay $55 million in cash upon deal close, and $145 million in stock and seller notes upon achieving certain financial targets.
Bakkt leadership

Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)
Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk
Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.
Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)

CDCROP: Adam White CEO of Bakkt (CoinDesk)
Former Coinbase VP Adam White Joins Blackstone as Crypto Investment Adviser
White begins at Blackstone in a part-time role working across the firm’s investment teams and with its portfolio companies.
CDCROP: Adam White CEO of Bakkt (CoinDesk)

Bakkt leadership
Digital Asset Platform Bakkt's Q2 Loss Narrows to $27.6M; Year Revenue Forecast Range Cut
The company now sees 2022 revenue of $57 million to $62 million, down from $60 million to $80 million.
Bakkt leadership

Bakkt executives at the New York Stock Exchange on Oct. 22, 2021 (NYSE)
Bakkt Adds 2 Female Board Members to Bolster Diversity
The crypto industry is dominated by men; according to a LinkedIn analysis from 2018 to 2021, 70% of new crypto hires were men.
Bakkt executives at the New York Stock Exchange on Oct. 22, 2021 (NYSE)

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Bakkt leadership (NYSE)
Bakkt Expects to Post Losses in 2022 as Investment Ramps Up
The digital asset platform said it plans to spend $150 million to $170 million this year in future growth initiatives, including expanding its crypto offerings.
Bakkt leadership (NYSE)

Adam White speaks at CoinDesk's Invest: NYC 2019. (CoinDesk archives)
Bakkt President Adam White Announces His Departure
The founding executive is leaving the Wall Street bitcoin firm. Where to next is unclear.
Adam White speaks at CoinDesk's Invest: NYC 2019. (CoinDesk archives)

Bakkt leadership strikes a pose. (NYSE)
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.
Bakkt leadership strikes a pose. (NYSE)

Bakkt leadership team. (NYSE)
Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether
The Bakkt Warehouse is now available to institutional clients for custody of ether, the company said.
Bakkt leadership team. (NYSE)