• Loeffler made $3.5 million at Bakkt
    Sen. Kelly Loeffler and her husband Jeffrey Sprecher with Vice President Mike Pence at her swearing in (Photo: White House/D. Myles Cullen)
    Politics

    Sen. Kelly Loeffler made $3.5 million at Bakkt

    Financial disclosure forms show she’s divested millions in stock after insider trading allegations. But it doesn’t seem to be helping the Georgia Republican in the November special election to keep her appointed seat, which she’s losing badly

    May 5, 2020 /

    Thanks to Senate financial disclosure forms filed on May 1, we know a great deal about the cryptocurrency options and futures platform leader’s wealth, including the fact that she and her husband have been selling off investments at a furious pace.

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  • Bakkt CEO Mike Blandina steps down
    Bakkt CEO Mike Blandina is departing, while President Adam White remains (Photo: Bakkt)
    People

    Bakkt CEO Mike Blandina steps down

    Bakkt’s recently appointed CEO has left the ICE exchange’s bitcoin futures and options platform. ICE VP of M&A David Clifton will replace him on an interim basis

    April 23, 2020 /

    Bakkt CEO Mike Blandina has stepped down as leader of the cryptocurrency futures and options platform after only four months, according to a statement by owner Intercontinental Exchange, better known as ICE. He will be replaced on an interim basis by ICE vice president of M&A and integration David Clifton.

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  • Bakkt and cup of coffee
    The Bakkt cash app aims to let you buy coffee with your airline miles. (Photo: C. Sephton)
    Technology

    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

    March 17, 2020 /

    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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  • Mike Blandina (r.) and Adam White are also winners in Kelly Loeffler's U.S. Senate appointment (via ICE).
    Mike Blandina (r.) and Adam White are also winners in Kelly Loeffler's U.S. Senate appointment (via ICE).
    Uncategorized

    Bakkt promotes Mike Blandina to CEO

    The Google and PayPal veteran will lead the firm beyond bitcoin futures in 2020 following the departure of Kelly Loeffler to take up a U.S. Senate seat; COO Adam White becomes president

    December 23, 2019 /

    Google and PayPal veteran Mike Blandina has been appointed CEO of bitcoin futures firm Bakkt, following Kelly Loeffler's appointment to the U.S. Senate. He plans add digital assets other than bitcoin to its offerings in 2020.

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