Bakkt President Leaves Company
Main page News, business, Cryptocurrency
Hot topic
Dec. 23, 2021
76 76

Adam White is leaving Bakkt after 3+ years as the president of the company. White did not specify what was the reason behind the decision nor what he is planning to do next.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

White has been working with Bakkt since the company's foundation. In 2018, he was appointed as Bakkt's Chief Operating Officer. Prior to Bakkt, he served as Vice President and Head of Institutional Business at Coinbase. In late 2019, Bakkt's CEO, Kelly Loeffler, left the company to become a US senator from the state of Georgia. However, she lost her reelection bid in the 2020 race. After the news broke, Bakkt's shares (NYSE: BKKT) dropped by 1.5% down to $9.16.

Bakkt went public in October this year losing as much as 6.9% just in the first day of trades. Bakkt's market capitalization is currently at $519 million.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error