Bakkt raised $ 300 million in new round of financing

Company Bakkt Announces Series B Funding Round Raised An Additional $ 300 Million To Grow Its Business.

Investors included Microsoft M12, parent Intercontinental Exchange, PayU, Pantera Capital and others, according to the statement. The funds raised were used to expand the staff, support loyalty programs, incentives and promotion.

Bakkt also plans to launch a new consumer app this summer that management says will handle over $ 1 trillion in digital assets..

Bakkt raised $ 300 million in new round of financing

Currently, the main activity of the company is trading deliverable bitcoin futures. and provision of custodian services of an institutional level.

Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital

text: Ivan Malichenko, photo: Shutterstock

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