Bakkt may go public through rumored $2B merger

Cointelegraph

Published Jan 07, 2021 11:30PM ET

Updated Jan 09, 2021 01:40AM ET

Bakkt, a cryptocurrency trading platform majority-owned by Intercontinental Exchange (NYSE:ICE), is rumored to be deep in discussions to go public through a merger with VPC Impact Acquisition Holdings.

On Jan. 7, Bloomberg published a story citing anonymous sources “with knowledge of the matter” who claimed Bakkt is already in advanced talks regarding the merger, predicting that an official announcement on the matter could be published as soon as next week.

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