Bakkt, ICE’s institutional exchange, has announced that it will launch on stock markets at a possible $2.1 billion valuation. It has been reported by the Wall Street Journal that Bakkt is set to merge with VPC Impact Acquisition Holdings, trading under the ticker VIH. VPC is a so-called “special purpose acquisition company” (SPAC). However, it is a shell company whose only purpose is to buy or merge with another company and allow it to be listed on the stock markets without g

Physical delivery of Bitcoin (BTC) for futures on the Intercontinental Exchange (ICE)’s Bakkt platform is going strong, despite a tumultuous month for the markets. https://t.co/c4AsKD4uxV — Greg Retherford (@RetherfordGreg) March 26, 2020 On March 26, it has been reported data from Arcane Research reveals that as of March 20, the number of traders opting to receive physical delivery of the cryptocurrency rose 44% on the month. Physical #BTC delivery on @Bakkt increased 44% i

Starbucks mobile app users will soon be given the option to pay for their drinks with “Bakkt Cash.” Intercontinental Exchange (ICE), parent company of the Bitcoin derivatives provider, had declared back in August 2018 that the coffee giant was looking at retail applications for crypto payments. Bakkt President Adam White announced the new payment integration with Starbucks on Twitter: We're also reducing payment costs for merchants which improves their bottom line. Open your

The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire Bridge2, the software service, in preparation for an app launch from ICE’s subsidiary, Bakkt. CoinTelegraph: "ICE, Intercontinental Exchange, Bakkt, Bridge2 Solutions, software as a service, business, New York Stock Exchange, Consumer App https://t.co/LyGn2dCAko" #news $news #crypto $crypto #cryptonews #cryptocurrency #cryptocurrencynews — Crypto Business (@cryptobusiness1)

Intercontinental Exchange’s chief executive said that Bitcoin has the possibility to become “digital gold” although it must be used more in everyday business. ICE head, Jeffrey Sprecher says that he sees the use in transactions as the prerequisite to bitcoin becoming a long-term store of value. Bitcoin Have The Possibility To Become Digital Gold The company’s Bakkt subsidiary, which runs a bitcoin futures market, announced recently that it is developing an app for consumers t