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
Bakkt COO Adam White has blogged on his company’s efforts to become the go-to Bitcoin futures trading platform and “digital asset” custodian for institutions. According to the post, Bakkt has acquired Digital Asset Custody Company (DACC) establishing a “commitment to setting a new standard for… Read More
As the crypto markets have evolved rapidly during the last year and institutional investors (like Arca Funds) have begun to invest, fitting into the existing financial services framework has proven difficult. The primary debate around legacy intermediary systems and how they relate to real money… Read More
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