Bakkt | ForkLog

ForkLog 25 27.06.2025

Bakkt Seeks $1 Billion to Establish Bitcoin Reserve

Publicly traded company Bakkt has joined the global trend of forming reserves in the leading cryptocurrency, according to documents filed with the SEC documents.

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ForkLog 33 19.11.2024

Trump Media Eyes Acquisition of Troubled Bakkt Platform

Trump Media and Technology Group (DJT), associated with Donald Trump, is reportedly in advanced talks to acquire the struggling platform Bakkt. This information comes from sources cited by the Financial Times. The terms of the deal have not been disclosed. The acquisition will exclude the crypto-custodial business licensed by the NYDFS. Previously, Bakkt representatives indicated […]

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ForkLog 15 08.02.2024

Bakkt Warns SEC of Potential Closure

Bakkt has expressed doubts about its ability to continue operations into 2025. This concern was highlighted in the risk section of the institutional crypto platform’s quarterly report to the SEC. “In our estimation, cash and cash equivalents will be insufficient to fund our operations over the next 12 months,” the document states. The organisation attributed […]

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ForkLog 7 17.08.2023

Bakkt reports brisk influx of new clients

Bakkt is seeing active onboarding of new clients focused on trading and storing digital assets. This was stated by Gavin Michael, the CEO of the institutional platform.

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ForkLog 6 11.08.2023

Bakkt’s quarterly revenue rises to $348 million

Bakkt, the US institutional platform, reported results for the second quarter of 2023, with revenue reaching $348 million.

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ForkLog 8 16.06.2023

Bakkt to Delist Solana, Polygon and Cardano

Bakkt will delist Solana (SOL), Polygon (MATIC) and Cardano (ADA) due to regulatory uncertainty.

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ForkLog 6 22.05.2023

Bakkt Eyes Expansion into Europe

Bakkt is exploring the possibility of expanding its business in Europe amid the strengthening of the local regulatory framework. This was stated by Dan O’Prey, head of product for the institutional platform.

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ForkLog 13 14.05.2023

Bakkt conducts broad delisting of DeFi tokens from Apex Crypto platform

The institutional Bakkt platform delisted most of the DeFi tokens from Apex Crypto, which it had previously acquired.

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ForkLog 7 03.04.2023

Bakkt completes acquisition of Apex Crypto

Bakkt, the institutional platform, announced the completion of the acquisition of Apex Crypto, the crypto subsidiary of Apex Fintech Solutions.

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ForkLog 20 13.02.2023

Bakkt to close consumer-focused business in favour of B2B solutions

On March 16, Bakkt will discontinue its consumer-investor app. Users will be able to access a new web interface via the Apex Crypto platform, acquired in November.

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ForkLog 9 03.11.2022

Bakkt to buy Apex Crypto platform for $200 million

Bakkt’s institutional platform signed a definitive agreement to acquire Apex Crypto, Apex Fintech Solutions’ crypto subsidiary. The deal is valued at up to $200 million.

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ForkLog 8 17.02.2022

Bakkt Eyes Double Revenue Growth in 2022

Bakkt aims to grow revenue from $39.4 million last year to $60–$80 million for 2022. Such expectations were presented by the management of the institutional platform after the publication of the financial results.

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