See New Bakkt Bitcoin Daily Futures Updates And Bakkt Warehouse FAQ On The Latest Changes

2018-11-21 12:59

Bakkt is the global platform established by Intercontinental Exchange, and it offers cost-efficient ways to access digital assets. With an open-source platform and adherence to the regulatory requirements, this ICE cryptocurrency platform aims to be the best option for investors. As such, they have released a blog post to let their users know what to expect from their platform.

According to the post, there are several new features in the works. The first listed is the process of customer onboarding and falling in like with regulations. They state that they are working “closely with the CFTC” during their review involving both Bakkt Bitcoin Daily Futures contract and the Bakkt Warehouse.

The blog says,

“These products represent a critical shift in the evolution of crypto markets toward more accessible, useful, and regulated instruments.”

One of their other announcements was the addition of Adam White onto their board as the COO, guiding them through the launch and the projected roadmap. Though the project is working towards the launch, do not expect them to be ready this year. The current goal is to launch on January 24th, 2019. There is still a lot to test out, which is a big concern for the platform.

Their second focus is on expanding their offering, though many of these applicable benefits are still in the works.

One certainty is that they have established,

“insurance for bitcoin in cold storage and are in the process of securing insurance for the warm wallet within the Bakkt Warehouse architecture. We are focused on every aspect of delivering an institutional grade crypto warehouse solution and believe this is a significant step in building confidence in this asset class.”

The update on the blog included some of the most common questions that they have received from consumers, starting with inquiring about why the platform chose Bitcoin. Bakkt cited the widespread use and knowledge of bitcoin, noting that they have seen the most demand for this token. However, they plan to continue adding other contracts “as the landscape evolves.”

Other concerns about the upcoming exchange has to do with the price of bitcoin and when trading begins.

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Bakkt Raises $300 Million in Series B Financing Round

Digital assets platform Bakkt has just secured an additional $300 million of funding in a Series B financing round. The platform, owned by Intercontinental Exchange (ICE) succeeded in securing this capital through the participation of investors including ICE itself, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, and Pantera Capital. This is coming […]

2020-3-17 20:13


You won’t be able to spend your cryptocurrency in Starbucks anytime soon

No, you won’t be able to spend your cryptocurrency at Starbucks. Last Friday, Starbucks announced that it would be joining and supporting a project known as Bakkt. If successful, Bakkt will leverage Microsoft’s cloud solutions – probably their blockchain based Azure platform – to create an infrastructure for managing and using digital assets.

2018-8-6 15:01


Ôîòî:

NYSE Owner’s BAKKT Platform ‘Makes Bitcoin ETF Redundant’: Commentator

Intercontinental Exchange (ICE) digital asset platform Bakkt will “make a Bitcoin ETF completely redundant” when it launches in November, a prominent social media commentator has forecast. ‘Completely Redundant’ Commenting on the news the New York Stock Exchange owner was collaborating with Microsoft, Starbucks and others on a regulated “ecosystem” for digital assets, Twitter user known as Parabolic Trav said that the platform – known as Bakkt – would fulfill the functions originally intended for an Read More The post NYSE Owner’s BAKKT Platform ‘Makes Bitcoin ETF Redundant’: Commentator appeared first on Bitcoinist.com.

2018-8-6 15:00


Ôîòî:

‘Biggest News of the Year for Bitcoin’: ICE Deal Helps ETF Chances, Says Brian Kelly

Intercontinental Exchange (ICE) teaming up with Microsoft, Starbucks and others on digital asset platform Bakkt makes it “much easier” for a Bitcoin ETF to launch. Kelly: ICE Is ‘Huge News’ That’s according to Brian Kelly, CNBC’s regular cryptocurrency commentator and BK Capital Management founder, who called the plans the “biggest news of the year” for Bitcoin.

2018-8-5 20:00


Ôîòî:

Starbucks Partners with NYSE Owner To Build ‘Global’ Digital Asset Platform

New York Stock Exchange operator Intercontinental Exchange (ICE) has revealed it plans to launch a global digital asset platform in November as a “scalable on-ramp” for investors. ICE To Build ‘Scalable On-Ramp’ In a press release August 3, ICE, which signaled its intention to launch physical Bitcoin futures in May, will debut them alongside the new platform, dubbed Bakkt.

2018-8-3 17:00


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