Bakkt Holdings, Inc. (NYSE:BKKT), a trusted digital asset platform that enables consumers, businesses, and institutions to buy, sell, spend, send and redeem digital assets, starts trading today on the New York Stock Exchange under the ticker symbol “BKKT.”
“Today, Bakkt’s vision – to connect the digital economy – reaches new heights, and we’re excited to continue our momentum as a public company,” said Gavin Michael, CEO of Bakkt. “Our platform sits at the intersection of cryptocurrency, rewards, loyalty and payments, and we look forward to accelerating the plan that is already underway: building out a broader partner network, expanding the access and utility of digital assets, and gaining momentum in a space that is continuing to grow.”
Last month, the company announced that 1 billion points and miles have been linked on the Bakkt app, only six months after its public launch. As the company grows its partner set, it has announced multiple partnerships, including one with Finastra to expand access to cryptocurrency to banks and credit unions across the U.S.
Bakkt also recently announced a partnership with Choice Hotels, enabling Choice Privileges members to convert their rewards points to cash and use that cash to buy bitcoin, send it to friends & family, or use it online or in-store, anywhere Apple Pay® or Google Pay™ is accepted.
In addition, the company offers the virtual Bakkt® Visa® Debit Card (“Bakkt Card”). The Bakkt Card allows customers to use their bitcoin and cash balances to purchase everyday goods and services at hundreds of thousands of retailers, grocery stores, transit options and more.