Mapping out Bakkt

Steven Zheng
Intercontinental Exchange made headlines last year when it announced the launch of Bakkt, a new venture that would provide the world with a platform to trade bitcoin futures.The post Mapping out Bakkt appeared first on The Block.

Intercontinental Exchange made headlines last year when it announced the launch of Bakkt, a new venture that would provide the world with a platform to trade bitcoin futures. A few months later, Bakkt announced that it had raised an eye-popping $182.5 million in funding from 12 partners and investors.

And while Bakkt has been faced with a stream of delays, the company is still slowly ramping up its hiring. In November 2018, Bakkt CEO Kelly Loeffler told The Block that is firm is “focused on building a nimble, entrepreneurial team with a focus on serving our customers and delivering results,” and that the “key success factors in our culture include collaboration, problem solving, communication, integrity, and professionalism, and leadership.”

Most recently, Bakkt acquired certain assets of Rosenthal Collins Group (RCG), an independent futures commission merchant, bringing on additional members to its ever-growing team.

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