Bakkt Crypto Capabilities Activated Across Multiple International Regions
January 24 2024 - 3:15PM
Business Wire
Bakkt broadens footprint across Latin America
and enters Asia with new expansions
Bakkt Holdings, Inc. (NYSE: BKKT) announced today its activation
of crypto capabilities in several new international markets in
Asia, Europe, North America and South America with existing clients
Hapi and SogoTrade.
Bakkt and stock trading platform Hapi have broadened their
active crypto trading capabilities throughout Latin America, now
live in Brazil and Guatemala, as well as Spain. This furthers their
working relationship, building on already-live capabilities in
Argentina and Mexico.
Starting today, Bakkt crypto trading is also live in Hong Kong
and Singapore with digital brokerage SogoTrade. The companies plan
to jointly launch these crypto trading capabilities in additional
international markets in the near future.
“International expansion remains a key priority for us in 2024.
At Bakkt, we believe that crypto has the power to enhance financial
inclusivity and connect communities within the global economy,”
said Gavin Michael, CEO of Bakkt. “Today marks an exciting new
chapter, with our entry into new Asian markets like Hong Kong and
Singapore, where the crypto economy is growing rapidly given recent
regulatory clarity.”
In addition to countries mentioned above, Bakkt continues to
work diligently to activate in the UK and Australia with current
and new clients, as announced in the company’s Q32023 earnings.
“We’re excited about what these regions have to offer, and our
ability to make crypto more accessible to millions of people,”
Michael said. “Executing for our clients is of utmost importance
and we are collaborating closely with them to ensure that we’re
catering to the specific preferences of our clients and being
thorough in our debut into these new markets.”
About Bakkt
Founded in 2018, Bakkt builds solutions that enable our clients
to grow with the crypto economy. Through institutional-grade
custody, trading, and onramp capabilities, our clients leverage
technology that’s built for sustainable, long-term involvement in
crypto.
Bakkt is headquartered in Alpharetta, GA. For more information,
visit: https://www.bakkt.com/ | X (Formerly Twitter) @Bakkt |
LinkedIn https://www.linkedin.com/company/bakkt/.
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version on businesswire.com: https://www.businesswire.com/news/home/20240124270450/en/
Investor Relations Ann DeVries, Head of Investor
Relations Ann.DeVries@bakkt.com
Media press@bakkt.com
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