Digital Asset Marketplace Bakkt To Become A Publicly Traded Company
In a statement released on Monday, Bakkt and VPC said that the merged company, which will be called Bakkt Holdings, Inc. will be listed as a publicly-traded company on the New York Stock Exchange with an enterprise value of $2.1 billion. The business agreement will raise $532 million from VPC’s trust account and concurrent capital raise, which will be used to support the development and marketing of the Bakkt App....