Sullivan Bank partners Bakkt to allow customers buy Bitcoin and Ethereum

Sullivan Bank partners Bakkt to allow customers buy Bitcoin and Ethereum
фото показано с : invezz.com

2022-8-25 17:22

Digital assets firm Bakkt Holdings, Inc. (NYSE: BKKT) has partnered with Sullivan Bank in a collaboration that will see the bank’s customers access crypto services via the Bakkt platform.

Sullivan Bank will tap into Bakkt’s Crypto Connect solution to allow its customers buy, sell and hold the cryptocurrencies, the companies said in a press release. As noted in the announcement, the first of the assets accessible to the bank’s customers are Bitcoin (BTC/USD) and Ethereum (ETH/USD).

Customers will access the service via their digital banking app, Bakkt head of marketing and sales Mark Elliot said in a statement.

“To make the experience seamless for Sullivan Bank and its customers, we provide the full strength of Bakkt’s platform including compliance, tax reporting, educational resources and customer care,” Elliot added.

Demand for crypto asset class

Sullivan Bank was founded in 1895 and is one of several financial institutions to explore new opportunities for its clients. Bakkt, launched in 2018 by the Intercontinental Exchange (ICE), offers crypto payments and digital assets custody and is a great gateway to crypto. The platform has in recent months partnered Nexo (NEXO/USD) for crypto custody services and Mastercard to enable banks explore the burgeoning crypto industry.

With its Bakkt App and customer loyalty programmes among other products, the platform offers those new to crypto an easy and secure way to explore supported digital assets.

And as crypto as an asset class continues to see fresh demand among investors, Sullivan Bank believes using a regulated platform like Bakkt is important to customers. Mallory Farrell, the bank’s COO noted:

“Bakkt’s innovative platform will facilitate this new capability within our existing banking platform and customers will be able to view their crypto balance alongside their checking and savings balance all in the same place.”

Given recent warnings from the Federal Deposit Insurance Corporation (FDIC) to several crypto platforms and caution to the public, customers are reminded that “crypto assets are not FDIC-insured products and may lose value.”

The post Sullivan Bank partners Bakkt to allow customers buy Bitcoin and Ethereum appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0020147 (-100%)

bakkt bank customers sullivan crypto allow buy

bakkt bank → Результатов: 24


Фото:

Valliance Bank разрешит клиентам покупать и продавать биткоины и Ethereum

Valliance Bank договорился о сотрудничестве с Bakkt. Как стало известно, Valliance Bank в США начнет в обозримой перспективе предлагать своим клиентам услуги по покупке, продаже и хранению биткоинов и Ethereum.

2022-2-15 11:14


Фото:

Valliance Bank предложит клиентам сервис для торговли и хранения криптовалют

Криптовалютная платформа Bakkt Holdings заключила партнерство с Valliance Bank, в рамках которого американский банк предоставит своим клиентам сервис для торговли и хранения криптовалют.

2022-2-15 10:44


Фото:

Valliance Bank предложит торговлю и хранение криптовалют благодаря Bakkt

Базирующийся в Оклахоме (США) Valliance Bank с активами на $580 млн анонсировал возможность покупки, продажи и хранения цифровых активов. Техническую поддержку окажет институциональная платформа Bakkt.

2022-2-15 17:42


Фото:

Bakkt запустила виртуальную дебетовую карту Visa для оплаты в биткоине

Регулируемая платформа для торговли биткоин-деривативами Bakkt в партнерстве с Sutton Bank запустила виртуальную дебетовую карту Visa. Ее держатели могут оплачивать покупки с помощью цифрового золота, не дожидаясь конвертации криптовалюты в фиат.

2021-6-23 14:59


Last Week Today Bitcoin and Cryptocurrency Weekly Digest: August 10-17th

Last Week Today – Bitcoin and Cryptocurrency Weekly Digest August 10-17 Bakkt receives all regulatory approvals, set for September launch China's central bank set to launch state-backed cryptocurrency IRS sends a second letter of warning to cryptocurrency traders Litecoin network suffers dusting attack from Russian mining pool Bakkt at long last. How will it affect […]

2019-8-19 05:27