tiprankstipranks

Bakkt exploring possible sale or break-up, Bloomberg says

Bakkt Holdings (BKKT) is exploring a potential sale amid a spike in crypto-related takeover activity, people familiar with the matter told Bloomberg’s Matthew Monks,David PanandGillian Tan. Bakkt, a digital-asset marketplace launched by the parent of the New York Stock Exchange, IntercontinentalExchange (ICE), has been working with a financial advisor to weigh a range of strategic options, including a break-up, the sources said.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue