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Bakkt News

Bakkt is a cryptocurrency-focused institutional investment firm that was spun out of Intercontinental Exchange, or ICE — an operator of large, regulated exchanges such as the New York Stock Exchange.

In September 2019, the firm launched its much-anticipated Bitcoin (BTC) futures trading platform. While the initial launch was underwhelming, with relatively low volume given the hype, Bakkt announced additional products in the following months such as fully regulated BTC options trading, cash-settled futures and a partnership with Starbucks.

Since its announcement, Bakkt has caught the attention of the crypto industry, as it marks a serious effort by the world’s largest exchange to onboard institutional investors into the burgeoning crypto asset class.

The firm also generated buzz in the industry after former CEO Kelly Loeffler became the first Republican woman to represent the state of Georgia in the United States Congress where she is expected to support crypto-friendly regulation.

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Senator Kelly Loeffler, formerly CEO of Bakkt and currently a member of the task force to reopen the U.S., sees plummeting approval ratings.

Former Bakkt CEO and Current US Senator Loeffler Sees 20% Approval Among Voters

2020-05-01T22:31:00+01:00

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Bakkt’s new CEO steps down, leaving the Vice President of mergers and acquisitions to take over.

Bakkt’s New CEO Steps Down After Only 4 Months

2020-04-23T21:30:00+01:00

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The former CEO of Intercontinental Exchange subsidiary Bakkt, now a Republican senator for Georgia, has been rewarded with a new appointment despite recent cont...

Former Bakkt CEO Appointed to Trump’s Task Force for Reopening the Economy

2020-04-17T11:10:00+01:00

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Former Bakkt CEO and Georgia senator Kelly Loeffler announced that she and her husband will liquidate all their holdings.

Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations

2020-04-09T14:02:00+01:00

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Physical delivery of Bitcoin for futures on the Intercontinental Exchange’s Bakkt platform is going strong, despite a tumultuous month for the markets.

Physical Delivery of Bitcoin in Bakkt Futures Rises 44% in March

2020-03-26T11:15:00+00:00

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Hodler’s Digest

Changpeng Zhao rejects claims that Bitcoin crashed because of the coronavirus, and debate rages on how closely BTC is correlated to the U.S. stock market.

Coronavirus ‘Didn’t Cause’ Crash, BTC Recovery ‘Will Take Months’: Hodler’s Digest, Mar. 16–22

2020-03-22T21:00:00+00:00

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Senator and former Bakkt CEO, Kelly Loeffler, appeared on Fox today, defending her sale of shares the day after a private Senate hearing.

Sen. Loeffler Rejects Accusations of Improper Trading

2020-03-21T23:00:00+00:00

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The former Bakkt CEO and current Republican senator Kelly Loeffler has been criticized for dumping stock immediately after a private Senate hearing on coronavir...

Sen. Loeffler Under Fire for Improper Trading After Coronavirus Hearing

2020-03-20T08:39:00+00:00

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