Bakkt

Bakkt Holdings, Inc.
Company typePublic subsidiary
NYSE: BKKT
IndustryFintech
Founded
  • July 31, 2018; 6 years ago (2018-07-31) (as a subsidiary of Intercontinental Exchange)
  • October 15, 2021; 2 years ago (2021-10-15) (spinoff)
HeadquartersAlpharetta, Georgia, U.S.
Key people
Andy Main (CEO)
Karen Alexander (CFO)
RevenueIncrease US$780 million (2023)
Negative increase US$−228 million (2023)
Negative increase US$−75 million (2023)
Total assetsIncrease US$967 million (2023)
Total equityDecrease US$48 million (2023)
OwnerVPC Impact Acquisition Holdings Sponsor, LLC (2%)
Number of employees
747 (December 2023)
ParentIntercontinental Exchange (55%)
Websitewww.bakkt.com Edit this on Wikidata
Footnotes / references
[1][2]

Bakkt Holdings, Inc., headquartered in Alpharetta, Georgia, provides a software as a service (SaaS) and API platform for owning and trading cryptocurrency and redeeming loyalty points.[1] Bakkt was founded by and is 55% owned by Intercontinental Exchange (ICE), which also owns the New York Stock Exchange.[3][4] Bakkt earns revenue from commissions for payments and purchases and sales of cryptocurrency.[5]

  1. ^ a b "Bakkt Holdings, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 25, 2024.
  2. ^ "BAKKT HOLDINGS, INC. SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934". U.S. Securities and Exchange Commission. April 19, 2024.
  3. ^ Ehrlich, Steven (November 12, 2021). "Crypto Platform Bakkt Reports First Earnings, Lays Out Bold Partnership Strategy". Forbes.
  4. ^ Bhattacharjee, Shomik Sen (October 19, 2021). "Bakkt Gets Listed on New York Stock Exchange: All You Need to Know". NDTV.
  5. ^ Sun, Leo (October 29, 2021). "Why Is Everyone Talking About Bakkt Holdings Stock?". The Motley Fool.