Digital Asset Marketplace Bakkt To Start Trading Publicly On The New York Stock Exchange

HeadlinesNewsDigital Asset Marketplace Bakkt To Start Trading Publicly On The New York Stock Exchange

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Digital Asset Marketplace Bakkt To Start Trading Publicly On The New York Stock Exchange

Bitcoinist.coma month ago
Published on October 16, 2021 16:05 GMT+00:00edited on October 18, 2021 09:59 GMT+00:00

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Bakkt Holdings, a Digital asset platform, announced on Friday that it had completed its business combination with VPC Impact Acquisition Holdings. VPC Impact Acquisition Holdings was a special-purpose acquisition company. The combined company now operates as Bakkt Holdings, Inc. At the extraordinary general meeting held on October 14, 2021, VPC’s shareholders voted to approve the merger. Approximately 85.1% of the votes cast at the meeting voted to approve the Business Combination.

Intercontinental Exchange (ICE) also announced this merger on Friday. Subsequently, Bakkt will start trading on the New York Stock Exchange (NYSE) as a public company on Monday, October 18. It will use the ticker “BKKT.”

ICE, best known for operating the NYSE, launched the digital asset marketplace in 2018. It …