BTC
$103,815.39
-
1.09%
ETH
$2,475.66
-
5.31%
USDT
$1.0006
+
0.07%
XRP
$2.1548
-
2.60%
BNB
$644.31
-
3.70%
SOL
$148.66
-
3.05%
USDC
$1.0001
+
0.07%
DOGE
$0.1768
-
7.15%
TRX
$0.2761
+
1.38%
ADA
$0.6452
-
5.46%
HYPE
$34.66
-
1.15%
SUI
$3.0783
-
2.60%
LINK
$13.26
-
3.88%
AVAX
$19.49
-
4.19%
XLM
$0.2625
-
1.73%
LEO
$8.8382
-
1.14%
BCH
$387.91
-
3.22%
TON
$3.1196
-
4.01%
SHIB
$0.0₄1238
-
3.94%
HBAR
$0.1656
-
1.46%
Sign Up
Select Language
English enУкраїнська ukPortuguês pt-brEspañol esItaliano itРусский ruFrançais frFilipino fil
Logo
Finance
Share this article

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

The Bakkt Warehouse is now available to institutional clients for custody of ether, the company said.

By Michael Bellusci
Updated May 11, 2023, 7:06 p.m. Published Nov 5, 2021, 3:18 p.m.
Bakkt Holdings, Inc. (NYSE: BKKT) Rings The Closing Bell® The New York Stock Exchange welcomes executives and guests from Bakkt Holdings, Inc. (NYSE: BKKT), today, Friday, October 22, 2021, in celebration of its recent listing and merger with VPC Impact Acquisition Holdings. To honor the occasion, Gavin Michael, CEO of Bakkt, joined by NYSE President Stacey Cunningham, rings The Closing Bell®. Photo Credit: NYSE
Bakkt Holdings, Inc. (NYSE: BKKT) Rings The Closing Bell® The New York Stock Exchange welcomes executives and guests from Bakkt Holdings, Inc. (NYSE: BKKT), today, Friday, October 22, 2021, in celebration of its recent listing and merger with VPC Impact Acquisition Holdings. To honor the occasion, Gavin Michael, CEO of Bakkt, joined by NYSE President Stacey Cunningham, rings The Closing Bell®. Photo Credit: NYSE
  • Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday.
  • Bakkt also said institutional clients can opt to use the Bakkt Warehouse for custody of ether.
  • Shares of the Alpharetta, Georgia-based company, which started trading Oct. 18, rose about 4% Friday. The stock soared last month after Bakkt signed pacts with Mastercard and Fiserv for crypto payments.

Read More: Google Pay to Support Bakkt Debit Card

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

UPDATE (Nov. 5, 15:28 UTC): Changes photo for something more recent.

Bakkt
Michael Bellusci

Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.

X icon
Picture of CoinDesk author Michael Bellusci