It is “ridiculous” to think that former Bakkt CEO and current Sen. Kelly Loeffler (R-Ga.) would know that she began selling several million dollars’ worth of stock beginning the same day a private senatorial briefing on coronavirus made clear they would soon tank.
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Bakkt raises $300m as Starbucks trial launches
The cryptocurrency futures and options exchange recently bought loyalty program provider Bridge2 Solutions, and has plans for a wide-ranging consumer payments app
Despite economic uncertainty brought on by the coronavirus, crypto firm Bakkt has managed to secure $300 million in capital through Series B funding. Funds from this latest financing round are going to be put toward completing the acquisition of loyalty program provider Bridge2 Solutions.
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Bakkt to acquire loyalty program provider Bridge2 Solutions
The bitcoin futures exchange wants to incorporate rewards points into a consumer app for everyday spending
Bakkt, the bitcoin futures exchange that launched last year, wants to integrate reward points, game tokens, and cryptocurrency into a mobile wallet that will allow consumers to spend them as dollars.
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CME Group launches bitcoin options contracts
The launch comes on the heels of rival exchange Bakkt’s launch of its own bitcoin options and cash-settled contracts in December
CME Group, one of the first regulated institutions to offer bitcoin futures, launched bitcoin options contracts today.
