Bakkt Launches Public Crypto Consumer App
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30 March
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Intercontinental Exchange-backed cryptocurrency futures trading platform Bakkt has announced the launch of the Bakkt App to the public. With the application, users can convert, spend, and send cryptocurrencies, gift cards and cash.

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According to an announcement, the Bakkt App also has integrated support for buying and selling the bitcoin (EXANTE: Bitcoin) cryptocurrency. Bakkt initially planned to launch the app last year. While the reason behind the delay remains unclear, the company reported in September 2020 that it had reached a new record trading volume in physically delivered BTC futures.

Bakkt Plans to Go Public Through a Merger

The company traded a record 15,955 BTC futures contracts on September 15, 2020, which is 36% more than the previous record of 11,706 on July 28, 2020.

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