Bakkt news and trends

Benchmark Says Bakkt’s Licenses Support New Crypto-Focused Business Model
Cryptocurrency // September 08, 2025

Broker Benchmark reportedly initiated coverage of Bakkt with a buy rating, saying the company’s regulatory footprint supports its efforts to “reboot” by shedding parts of its business and sharpening its focus on a “brokerage-in-a-box” for institutions, a bitcoin treasury program and a stablecoin payments network....

Bakkt Announces CEO Transition Amid Shift to ‘Pure-Play Crypto Infrastructure Company’
Personnel // August 11, 2025

Bakkt announced a leadership transition Monday (Aug. 11) as it reported its results for the quarter ended June 30 and outlined its progress in its transition into a “pure-play crypto infrastructure company.” Get the Full Story Complete the form to unlock this article and enjoy...

Bakkt Inks Deal With DTR to Become Crypto, Stablecoin Infrastructure Provider
Cryptocurrency // May 12, 2025

In today’s operating environment, adaptability is more than a competitive edge. It can mean the difference between survival and insolvency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bakkt Ditches Custody Business, Names New Co-CEO, and Bets Everything on Crypto
Cryptocurrency // March 19, 2025

Bakkt Holdings is blowing it all up and starting fresh. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Interviews & Exclusives
Bakkt Suffers Major Setback as Bank Partners Drop Platform

March 18, 2025
A growth strategy that relies heavily on strategic partnerships can be derailed when those partnerships come to a close. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

Bakkt CEO Says Bringing Utility to Crypto Starts With Payments 

April 17, 2023
Crypto, whether by accident or by design, is facing a banking crisis in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Super Apps Unlock Creative Possibilities for Crypto, Loyalty Programs

May 31, 2022
The crypto market may be taking a beating as of late, but Bakkt CEO Gavin Michael isn’t too concerned. Get the Full Story Complete the form to unlock this article...

Bakkt’s Plan to Grow Its Digital Asset Network From 100K Active Users to 32 Million...

October 25, 2021
Unused gift cards sit idly in a drawer.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Quick Reads
Nexo Brings Crypto Business Back to US

February 16, 2026
Three years after battling with regulators, crypto platform Nexo has returned to the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Benchmark Says Bakkt’s Licenses Support New Crypto-Focused Business Model

September 08, 2025
Broker Benchmark reportedly initiated coverage of Bakkt with a buy rating, saying the company’s regulatory footprint supports its efforts to “reboot” by shedding parts of its business and sharpening its...

Bakkt Announces CEO Transition Amid Shift to ‘Pure-Play Crypto Infrastructure Company’

August 11, 2025
Bakkt announced a leadership transition Monday (Aug. 11) as it reported its results for the quarter ended June 30 and outlined its progress in its transition into a “pure-play crypto...

Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over

February 16, 2025
Neobank Varo is undergoing a change in leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...