According to Bloomberg, citing people familiar with the matter, cryptocurrency custody and trading firm Bakkt is considering a sale or spin-off among numerous strategic options.
Bakkt sought the help of a financial advisor to make the decision, although no decision has been made officially. Bloomberg added that the company will likely remain independent. Bakkt offers institutional-grade services such as custody and trading. Despite a 15 percent drop in trading volume, the company still achieved $348 million in revenue in the second quarter of 2023. The company announced a partnership with crypto trade execution platform Crossover Markets on Thursday that will launch a crypto-focused communications network called BakktX.
Crypto custody and trading firm Bakkt is considering a sale or spin-off
2024-06-07 21:40:01
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
加密托管和交易公司Bakkt正在考虑出售或分拆Next article：
Consensys：SEC政策变化对ETH影响尚不明确
