Bakkt

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Bakkt Holdings, LLC – a crypto investment platform designed for institutions – has partnered with Quiznos, a popular sandwich shop, to allow customers to pay for food and drink items with crypto. Bakkt and Quiznos Are Teaming Up to Boost Crypto Purchases Bitcoin and many of its digital counterparts were initially designed to serve as payment tools. They were built so that users could push fiat, credit cards, and checks to the side, thereby garnering more financial...

Bakkt Holdings recently announced a partnership with Quiznos to launch the pilot for their new Bitcoin payment system. This will allow Bakkt users to purchase food at some Quiznos locations in Denver using the digital asset. Quiznos: Buy a Sandwich With Bitcoin Bakkt users will be able to utilize the pilot in certain Quiznos stores across Denver starting this month. This includes the high-traffic Denver airport location. Chief Revenue Officer at Bakkt, Sheela Zemlin, expanded...

Paul Tudor was one of the few early hedge fund managers to get lured into Bitcoin. SEC filings have finally revealed he has been using Coinbase and Bakkt. As two of the leading firms in the US, they have become institutional powerhouses.When most institutions make crypto investments, more often than not, they do not reveal which brokerage firm they use or they made direct purchases. With American billionaire hedge fund manager Paul Tudor, this was the case. In May of 2020 Tudor bet 1% to 2%...

Bakkt, the Bitcoin futures platform launched and operated by the Intercontinental Exchange (ICE), has released its long-anticipated application. Dubbed Bakkt App, it would enable customers to interact with BTC and other crypto assets directly through the platform. Additionally, the company has partnered with several notable firms, including Best Buy and Starbucks. Bakkt App Arrives Launched in 2018, Bakkt enables institutional and accredited investors to receive BTC exposure...

The New York State Department of Financial Services (NYDFS) has announced that Bakkt Marketplace has become the 29th cryptocurrency company to receive BitLicense since 2015. This approval comes amid the firm’s endeavors to be publicly listed and to launch the long-anticipated Bakkt App. The NYDFS started granting such licenses to digital asset businesses in 2015, with the first one being Paxos. Earlier today, the organization announced the latest company to receive the coveted BitLicense –...

The largest US-based cryptocurrency exchange Coinbase plans to go for a Direct Public Listing (DPO) of its Class A common stock. The firm expects the Form S-1 filed with the US Securities and Exchange Commission to become effective after the Commission completes its review.Coinbase Aims For Direct Public ListingCryptoPotato reported in December that the San Francisco, California-based had submitted a draft registration with the SEC to go public with an initial public offering (IPO). Early...

Digital rewards systems are not necessarily new, but they’re far from being the “norm,” and let’s face it. They can be rather hard to keep track of considering how many separate platforms exist. Institutional cryptocurrency trading platform Bakkt is looking to change all that.Bakkt Is Back and Looking to Revolutionize Digital RewardsBakkt first came to “prominence” in late 2019. Following a whole year of advertising, the trading platform experienced several delays in its release and was...

Cameron and Tyler Winklevoss are reportedly exploring the option of making their cryptocurrency exchange Gemini public. The brothers could follow the steps of other US-based digital asset-related companies with similar intentions, such as Coinbase and Bakkt.Gemini To Go Public?Bloomberg reported today that the founders of the US-based crypto exchange Gemini are open to the idea of going public.“We are definitely considering it and making sure that we have that option. We are watching the...

The move from Bakkt further complements the decision of Coinbase and other exchanges including Binance US, OKCoin which had removed XRP coin from their platforms.Bakkt, the digital asset marketplace backed by Intercontinental Exchange Inc, has revealed that it has no plans to support XRP coin, the digital asset closely associated with blockchain-based payment firm Ripple Labs Inc. Per a report from Cointelegraph, the no-plan prospects for XRP coin by Bakkt was revealed by the company’s Chief...