Bakkt Launches Bitcoin Wallet With Starbucks And More
About BAKKT: "Bakkt by Intercontinental Exchange, owner of the New York Stock Exchange"
This is another huge Bitcoin adoption milestone! The long awaited BAKKT app / wallet is a significant step forward particularly for this organization. BAKKT is very well known and a trusted entity! https://www.bakkt.com/
Bakkt will now be able to provide its Bitcoin custody solutions to firms in New York.
This is HUGE!!!! Think this, with all the other adoption news will move Bitty!
1) Because it is BAKKT Bakkt by Intercontinental Exchange, owner of the New York Stock Exchange
Bakkt® unlocks the $1.2+ trillion of digital assets that is currently held in cryptocurrencies, rewards and loyalty points, gaming assets and merchant stored value. We began in 2018 with the vision to bring trust and transparency to digital assets. Through the Bakkt Warehouse and Bakkt Bitcoin Futures and Options contracts, we serve institutional clients in an end-to-end regulated market with true price transparency. For consumers, Bakkt aggregates digital assets to enable instant liquidity and to empower users to trade, transfer and pay however they want. Merchants within the Bakkt ecosystem see a lower cost of payment acceptance, enhanced customer engagement, and decreased loyalty liability through a variety of redemption options.
2) Because this is for New York. This paragraph is not new to anyone, but puts the news in perspective.
New York, commonly regarded as the finance capital of the world, has been ranked first in the World’s Financial Centers by the Global Financial Centres Index.7? New York is famous for Wall Street, the most happening stock market and the New York Stock Exchange (NYSE), the largest stock exchange by market capitalization.3