A group of 12 high-profile investors and partners have poured this large sum of money for the further development of the Bakkt i
ICE’s Bakkt platform has recently raised a whopping $182 million worth funds from 12 high profile partners and investors. Bakkt CEO Kelly Loeffler made this announcement through her Medium post on the last day of 2018. Bakkt is the crypto trading and liquidity platform announced by NYSE’s parent company Intercontinental Exchange (ICE), back in August 2018.
Bakkt CEO Loeffler said that the platform continues to spearhead its vision of providing institutional access to digital assets. Furthermore, it is also actively working with merchants and consumers alike. Bakkt has also collaborated with big retail giants like Starbucks for the same.
Talking about the platform’s 2019 objectives, Loeffler wrote:
“We are focused on opportunities to provide new infrastructure,including the industry's first institutional grade regulated exchange,clearing and warehousing services for physical delivery and storage.”