Ripple (XRPUSD)

[WiseYoda]

That press release I sent you gives added insight into what kind of platform Bakkt is launching. The two key players behind Bakkt is Jeff Sprecher, and his wife Kelly Loeffler. Sprecher is the chairman/CEO of ICE whose company owns the NYSE. He is the guy who basically modernized the world’s stock exchanges by turning them into the electronic marketplace that we have today. When it comes to the marketplace this guy is an absolute genius and his wife Kelly is just as brilliant who will serve as the CEO of Bakkt. These guys know EXACTLY what they are doing and are on the verge of bringing cryptocurrency into the mainstream which is the actual vision of the company so what can follow after the launch of Bakkt is a game changer for all of us who took the risk to enter the space early! In regards to your initial question, yes, Bakkt is backed by companies like Microsoft, and Starbucks meaning they have partnered/invested with them to launch the exchange, which is big news IMO for heavyweights like these to be investors of such a venture! I believe more then we are aware of is brewing behind the scenes with heavyweights like this all coming together. I can’t find how much any have invested or what the ownership stakes is, but either way you look at it, its big news for cryptos and once they launch the word will spread like wildfire.

Go XRP!