Bakkt Begins Testing Its Bitcoin Futures Platform Today
Bitcoin Bombshell: ‘Critical Mass’ of Institutional Investors Set to Join Bakkt This Quarter, Reports Wall Street Firm
“The market research and analysis firm Fundstrat has released an update on Bakkt, the Bitcoin and crypto platform being built by Intercontinental Exchange, the owners of the New York Stock Exchange.
Fundstrat attended Bakkt’s Institutional Digital Asset Summit on July 18th at the New York Stock Exchange, along with 150 investors and institutional service providers.
The company will begin testing its Bitcoin futures platform on Monday, which will be physically settled in actual BTC instead of cash. According to Fundstrat, Bakkt expects to fully launch this quarter with institutional clients on-board from day one.”