ICE CEO Says Bear Market Allowed Bakkt to Cheaply Acquire Crypto Custody Firm

ICE’s Chief Executive Officer, Jeffrey Sprecher, told analysts in a conference call this week that the crypto bear market of 2018 allowed ICE’s crypto venture, Bakkt, to cheaply acquire Digital Asset Custody Co, Reuters reports. The acquisition of Digital Asset Custody Co could improve Bakkt’s… Read More
Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged bakkt, custody, digital asset custody company, ice, jeffrey sprecher, quadrigacx