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TallTrader

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TallTrader

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Friday, 01/08/2021 12:45:08 PM

Friday, January 08, 2021 12:45:08 PM

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Novogratz’s Galaxy, Bakkt Start ‘White-Glove’ Bitcoin Service

Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange Inc., is in advanced talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings, according to people with knowledge of the matter.

The transaction is set to value the combined entity at more than $2 billion, and an announcement may come as soon as next week, said the people.

https://www.bloomberg.com/news/articles/2021-01-08/crypto-exchange-bakkt-said-near-merger-with-victory-park-spac?sref=QwUUmmsp
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