Gavin Michael News
19.03 / 11:35
25.01 / 11:05
Latin America
Asia
Bakkt
Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia
Bakkt Holdings, crypto trading and custody platform, announced the expansion of its crypto operations in several crypto-friendly international jurisdictions.
15.11 / 22:21
Ethereum
Bakkt
Bitcoin
Support
Bakkt Shifts Focus Back to Digital Asset Custody, Adds Support for Six New Coins
Bakkt Holdings is refocusing on digital asset custody as its primary business, announcing support for six new coins in addition to Bitcoin and Ether.
07.07 / 17:21
Provident
Lowe's
Target
Digital
CEO
Platform
expansion
International
Bakkt Targets Hong Kong, UK, and EU for International Crypto Expansion
Regulatory uncertainty in the US is driving digital assets platform Bakkt to expand internationally to Hong Kong, the United Kingdom, and the European Union, CEO Gavin Michael noted.
03.04 / 21:31
business
Blockchain
Bakkt
Bakkt completes $200M acquisition of Apex Crypto
On Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million in cash and stock, worth an estimated $145 million at the time, for the deal.
14.02 / 01:25
business
Blockchain
Technology
Investments
Web3
Digital Asset
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which was designed to give users the ability to utilize their digital assets in different ways. The app, launched in March 2021, offered a user-friendly experience that brought together various digital assets, including cryptocurrencies, loyalty points, and gift cards.
13.02 / 20:25
regulation
Bakkt
Custody
Crypto Custody Service Bakkt Discontinues Consumer App as Regulator Crackdown Intensifies
Bakkt, a crypto custody service that includes an app where consumers can view and transact with assets, has announced the closure of its consumer-facing app as regulatory scrutiny increases.
13.02 / 19:54
Provident
FIVE
CEO
Platform
Strategy
Bakkt kills off consumer app
The firm is now putting all of its focus on providing businesses with crypto and loyalty experiences for their customers through SaaS and API offerings.In November, Bakkt struck a deal to buy Apex Crypto, a turnkey platform for integrated crypto trading which provides services to more than 30 signed fintech partners, serving more than five million customers.Gavin Michael, president and CEO, Bakkt, says: "As we continue to gain traction with our B2B2C strategy, we are laser focused on providing our partners and clients with seamless solutions that best serve their needs.
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