The cryptocurrency exchange and derivatives platform, majority-owned by Intercontinental Exchange, is about to go public through a reverse merger with blank-check firm VPC Impact Acquisition Holdings, insiders said.
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Crypto vet Kelly Loeffler loses Senate seat
Sen. Loeffler, who stepped down as CEO of crypto derivatives platform Bakkt in December 2019 to take up a Georgia Senate seat, appears to have lost her re-election campaign
Loeffler resigned as CEO of Bakkt, a cryptocurrency derivatives exchange and custody firm owned by NYSE-parent company Intercontinental Exchange, or ICE, shortly ahead of her appointment to Georgia’s empty U.S. Senate seat on Dec. 4, 2019.
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KPMG wants blockchains and banks to communicate better than teens and parents (Photo: HåkanDahlström/Flickr)KPMG Chain Fusion launches, helping blockchains ‘talk’ to legacy bank systems
It is hoped that the data standardization tool will allow traditional financial systems to communicate more effectively with blockchain protocols
The audit, tax and advisory giant KPMG has launched a service designed to connect the systems used by banks and fintech firms with those relied on by cryptocurrency and digital asset platforms.
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Galaxy Digital, Bakkt woo big investors
The partnership will provide a one-stop solution for institutional investors and asset managers looking for a safe way to buy, trade, and store bitcoin
The two New York-based firms will collaborate to offer clients looking to invest in physical bitcoin “the same caliber of market knowledge and trade execution expertise in BTC as they would expect from any established traditional finance desk,” said Tim Plakas, head of sales at Galaxy Digital Trading,
