Ripple (XRPUSD)

[WiseYoda]

Bakkt Plans to Launch a Crypto ‘Revolution’ With an Eye on 401(k)s, Exponential Growth, a Coinbase Veteran and Bitcoin – The Daily Hodl

“CEO Kelly Loeffler announced in a blog post that the company has hired Coinbase’s employee #5, Adam White, as chief operating officer. He and the founding members scaled Coinbase into the largest cryptocurrency exchange in the US. Loeffler is counting on White’s expertise to support Bakkt through the same type of mega expansion, exponential growth and branded trust. By May 2018, Coinbase, founded in June 2012, had reached nearly as many customers as Fidelity Investments...”

“That’s the kind of growth Loeffler sees for Bakkt. The new venture from the Intercontinental Exchange (ICE) is expected to launch next month, and Loeffler says it will coalesce the fractured state of cryptocurrencies, bringing them into focus for Wall Street....”

“By offering regulated trading, clearing and custody, and a secured environment where consumers and institutions can seamlessly buy, sell, store and spend digital assets, Loeffler says, “We’re about to see a revolution on the same scale in cryptocurrencies.”

“With a launch in November, it targets December for institutions to access services on the ICE Futures US commodities exchanges, pending approval by the Commodity Futures Trading Commission (CFTC).”

https://dailyhodl.com/2018/10/16/bakkt-plans-to-launch-a-crypto-revolution-with-an-eye-on-401ks-exponential-growth-a-coinbase-veteran-and-bitcoin/