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Crypto Project Bakkt Secures $182.5M In First Funding Round

Bakkt, the digital assets platform developed by Intercontinental Exchange – the operator of New York Stock Exchange (NYSE), has secured $182.5 million in its first round of funding. According to the official announcement, the funding round saw participation from Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch Partners, Alan Howard, Horizons Ventures, Intercontinental … Continue reading Crypto Project Bakkt Secures $182.5M In First Funding Round

How Bakkt Could Affect the Bitcoin Price Unlike Existing Futures Markets

  Existing Bitcoin futures exchanges in the U.S. market such as CME and CBOE are cash-settled, meaning that their contracts are settled with the U.S. dollar and not with Bitcoin. As such, given the limited supply of CME and CBOE contracts, the effect of the two futures market on the actual price of Bitcoin could … Continue reading How Bakkt Could Affect the Bitcoin Price Unlike Existing Futures Markets

NYSE Chair Says Survival of Digital Currencies Is ‘Unequivocal’ – Ana Alexandre

New York Stock Exchange (NYSE) chairman Jeffrey Sprecher expressed optimism about the survival of digital currencies as an asset class, business news outlet Barron’s reported Nov. 27. Speaking at the Consensus Invest conference, Sprecher — who is also the CEO of Intercontinental Exchange (ICE) — said that when he saw headlines asking “Will digital assets … Continue reading NYSE Chair Says Survival of Digital Currencies Is ‘Unequivocal’ – Ana Alexandre

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