bakkt

Business

Bakkt

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.

By Parikshit MishraOliver Knight

Sponsored

Nov 3, 2022 at 10:42 a.m. UTC

Nov 3, 2022

Bakktacquisition

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Business

Coinbase

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.

By Michael Bellusci

Sponsored

Sep 29, 2022 at 3:12 p.m. UTC

Sep 29, 2022

CoinbaseWells FargoAnalyst RatingsWall StreetBakktRiot Blockchain

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Business

Bakkt

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.

By Ian Allison

Sponsored

Aug 17, 2022 at 1:23 p.m. UTC

Aug 17, 2022

BakktCoinbaseHires

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Business

Bakkt

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.

By Parikshit Mishra

Sponsored

Aug 11, 2022 at 11:50 a.m. UTC

Aug 11, 2022

BakktDigital Asset

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Business

Bakkt

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.

By Camomile Shumba

Sponsored

Apr 22, 2022 at 1:35 p.m. UTC

Apr 22, 2022

BakktCryptoDiversity

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Business

Bitcoin

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.

By Michael Bellusci

Sponsored

Mar 30, 2022 at 6:55 p.m. UTC

Mar 30, 2022

BitcoinBakktGalaxy DigitalGolddigital goldMichael Novogratz

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Business

Bakkt

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.

By Michael Bellusci

Sponsored

Feb 17, 2022 at 2:34 p.m. UTC

Feb 17, 2022

Bakkt

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Business

Bakkt

Bakkt President Adam White Announces His Departure

The founding executive is leaving the Wall Street bitcoin firm. Where to next is unclear.

By Ian Allison

Sponsored

Dec 23, 2021 at 3:09 p.m. UTC

Dec 23, 2021

Bakkt

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Business

Bakkt

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.

By Michael Bellusci

Sponsored

Nov 12, 2021 at 3:08 p.m. UTC

Nov 12, 2021

BakktStocksEarnings

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Business

Bakkt

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.

By Michael Bellusci

Sponsored

Nov 5, 2021 at 3:18 p.m. UTC

Nov 5, 2021

Bakkt

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