Welcome to our dedicated page for Bakkt Holdings news (Ticker: BKKT), a resource for investors and traders seeking the latest updates and insights on Bakkt Holdings stock.
Bakkt Holdings, Inc. (NYSE: BKKT) is a prominent player in the digital asset industry, striving to unlock the $1.2+ trillion potential held in cryptocurrencies, rewards and loyalty points, gaming assets, and merchant stored value. Established in 2018, Bakkt's mission is to bring trust and transparency to digital assets, serving both institutional and consumer markets.
Bakkt's core offerings include the Bakkt Warehouse and Bakkt® Bitcoin Futures and Options Contracts, providing an end-to-end regulated market with genuine price transparency for institutional clients. This allows for secure storage and seamless trading of digital assets under stringent regulatory standards.
For consumers, Bakkt aggregates digital assets to facilitate instant liquidity and empowers users to trade, transfer, and pay in a flexible manner. This is achieved through an intuitive technology platform that can be accessed via application programming interfaces (APIs) or an embedded web experience, simplifying the process of managing digital assets.
Moreover, merchants within the Bakkt ecosystem benefit from reduced payment acceptance costs, enhanced customer engagement, and minimized loyalty liability through diverse redemption options. Bakkt's solutions enable businesses to efficiently handle loyalty points and provide a full spectrum of content for customers to redeem loyalty currencies effectively.
Financially, Bakkt generates revenue through subscription and service fees and transaction-based activities. Their institutional-grade technology offers a robust custody solution, catering to both experienced market participants and new users, making the buying, selling, and storing of crypto straightforward and secure.
Bakkt continues to innovate and expand its offerings, aiming to enhance the digital asset experience for all stakeholders. The company's commitment to transparency and regulated market practices positions it as a leader in the evolving digital economy.
Bakkt Holdings has announced a strategic partnership with Caesars Entertainment, renaming Planet Hollywood's live entertainment venue to Bakkt Theater. This collaboration allows Caesars Rewards members to redeem rewards through Bakkt Crypto Rewards, pending regulatory approval. Both companies aim to enhance customer experience in the evolving digital economy, integrating cryptocurrency solutions into the loyalty program. Bakkt continues to develop its crypto offerings, with plans to share further details soon.
Bakkt Holdings, Inc. (NYSE: BKKT) has announced participation in four investor forums in March 2023, showcasing its commitment to engage with investors and stakeholders.
Key events include:
- KBW Fintech & Payments Conference on March 1, featuring Chief Product Officer Dan O’Prey.
- Water Tower Research fireside chat on March 14 with CFO Karen Alexander.
- Wolfe Research FinTech Forum on March 15, with CEO Gavin Michael and CFO Karen Alexander.
- Barclays Crypto and Blockchain Summit on March 29-30, focused on one-on-one investor meetings.
Live webcasts from the events will be available on the company's website.
Bakkt Holdings, Inc. (NYSE: BKKT) is transitioning away from its consumer app to focus on B2B technology solutions. This strategic shift allows Bakkt to concentrate on delivering crypto and loyalty services to business partners through scalable SaaS and API platforms. Users will maintain access to their crypto and cash via a new web experience following the app's discontinuation on March 16, 2023. Additionally, Bakkt's acquisition of Apex Crypto, announced in November 2022, will enhance its B2B2C strategy and expand service offerings across various fintech partnerships, benefiting over 5 million customers.
Bakkt Holdings, Inc. (NYSE: BKKT) will announce its fourth quarter and full year 2022 earnings on March 9, after market close. Management will host a conference call at 5:00 p.m. ET to discuss the results and answer questions. Interested investors can join the call by dialing (844) 200-6205 or (646) 904-5544, using access code 460923. A replay will be available until April 8, 2023. Additionally, investors can submit questions via this link starting March 2.
The call will also be webcasted and archived on Bakkt’s investor relations page.
Bakkt Holdings, Inc. (NYSE: BKKT) will participate in the 25th Annual Needham Growth Conference on January 12, 2023, with CEO Gavin Michael presenting at 3:00 PM ET. The company plans to host one-on-one investor meetings throughout the day. Interested parties can access a live audio webcast of the presentation via the investor relations section of their website, which will also offer a replay after the event.
Bakkt is a digital asset platform aimed at enhancing crypto access and loyalty programs.
Bakkt Holdings Inc. (BKKT) has released findings from its U.S. Consumer Crypto Sentiment Study, revealing that interest in cryptocurrency remains stable despite the recent FTX collapse. Notably, only a 7% decline in future purchase consideration was noted among crypto owners, with a surprising 2% increase for the curious. Safety and regulation concerns were highlighted, with 71% of crypto owners expressing concerns about regulations. Additionally, the study identified education as a major barrier to crypto adoption, with 61% of respondents feeling uninformed about crypto investments.
Bakkt Holdings, Inc. (NYSE: BKKT) will participate in a fireside chat with Water Tower Research LLC on December 15 at 1:00 PM ET. Key executives attending include Gavin Michael (President and CEO), Karen Alexander (CFO), and Dan O’Prey (Chief Product Officer, Bitcoin & Crypto). Investors can listen to a live audio webcast from the investor relations section on the company’s website, with replays available post-event. Bakkt is a digital asset platform established in 2018, headquartered in Alpharetta, GA.
Bakkt Holdings, Inc. (NYSE: BKKT) will participate in a fireside chat at the Wells Fargo 6th Annual TMT Summit in Las Vegas, NV on November 29 at 11:40 AM ET. Gavin Michael, the President and CEO, will lead the discussion. Interested parties can access a live audio webcast on the company’s website, with a replay available post-event. Bakkt, launched in 2018 and headquartered in Alpharetta, GA, offers a digital asset platform designed to unlock crypto and enhance loyalty programs.
Bakkt Holdings, Inc. (NYSE: BKKT) confirms no exposure to struggling crypto firms like FTX, Gemini, or Genesis, amidst ongoing market contagion. The platform remains fully operational, allowing consumers to buy and sell crypto without interruption. CEO Gavin Michael emphasizes Bakkt's conservative risk management, avoiding leverage and rehypothecation. Moreover, the recent acquisition of Apex Crypto further mitigates exposure risks, enhancing Bakkt's position in the digital asset market.
Bakkt Holdings, Inc. (NYSE: BKKT) will participate in the Oppenheimer 5th Virtual Blockchain & Digital Assets Summit on November 17 at 10:45 AM ET. CEO Gavin Michael will speak on the 'Payments and Remittance' panel. Interested parties can access a live audio webcast via the investor relations section of Bakkt's website. Replays will be available post-event. Bakkt, launched in 2018 and headquartered in Alpharetta, GA, is a digital asset platform that enhances crypto accessibility and loyalty programs.
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