bakkt

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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.
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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.
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CoinDesk - Unknown
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.
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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.
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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.
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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.
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Bakkt President Adam White Announces His Departure
The founding executive is leaving the Wall Street bitcoin firm. Where to next is unclear.
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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.
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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.
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Mastercard Is Integrating Crypto Payments Through a New Partnership With Bakkt
The tie-up will allow merchants and banks to build cryptocurrency into their offerings.
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