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 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.” Andy Main stepped down as co-CEO and director, effective Monday, while former co-CEO...
In today’s operating environment, adaptability is more than a competitive edge. It can mean the difference between survival and insolvency. Bakkt Holdings, Inc., a once-diversified digital asset platform, is living that adage out in real time. The company is emerging from a period of recalibration,...
Bakkt Holdings is blowing it all up and starting fresh. The digital asset and payments platform on Monday (March 17) suffered a major blow when Bank of America and Webull announced they would not be renewing their commercial agreements with the company. On Wednesday (March 19),...
March 18, 2025
A growth strategy that relies heavily on strategic partnerships can be derailed when those partnerships come to a close. That is happening in real-time to Bakkt Holdings, the digital asset and payments platform, which on Monday (March 17) suffered a significant blow when Bank of America (BofA) and Webull announced they would not be renewing […]
April 17, 2023
Crypto, whether by accident or by design, is facing a banking crisis in the U.S. That’s why it is increasingly important for industry leaders to drive education around crypto’s utility across key...
May 31, 2022
The crypto market may be taking a beating as of late, but Bakkt CEO Gavin Michael isn’t too concerned. “I we think we’re past that inflection point of whether a...
October 25, 2021
Unused gift cards sit idly in a drawer. The 333 rewards points a consumer accrued with a niche retailer will likely stay unredeemed because it’s a retailer that consumer shops infrequently — and...
February 16, 2026
Three years after battling with regulators, crypto platform Nexo has returned to the U.S. The company announced in a new release Monday (Feb. 16) that this return is being carried out in collaboration with “regulated partners,” giving Nexo’s investment and credit products a U.S.-compliant framework. “Nexo’s renewed presence in the United States follows a period […]
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...
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...
February 16, 2025
Neobank Varo is undergoing a change in leadership. Colin Walsh, who founded the company, has departed from his role as chief executive, according to a report Sunday (Feb. 16) from...
