You are viewing a single comment's thread from:

RE: BTC - Bakkt Custody Service Expands to all Institutional Clients!

in #bitcoin5 years ago

Yep, I wasn't too concerned about it, mostly just because of the people involved. They have a lot of connections and overall know how to make money in the financial markets. If they didn't think there was adequate demand here to make any money, I would assume they would have stayed away. It may just take some time for them to really get rolling.

Sort:  

Same here, there's plenty of smart people behind Bakkt, with good support from big companies like Microsoft and Starbucks.

They've got a good road map going ahead, too. I'm excited to see what their crypto payment/merchant platform will look like. Overall, good news for Bitcoin and cryptos moving further mainstream.

Not to mention the parent company of the NYSE, which has a fair amount of experience with financial markets. :)

That's true, they've good experience and knowledge.

Most importantly, ICE has a strong reputation and good connections with many industries all over the world, from energy, healthcare, tech, agriculture, ...

This gives Bakkt a good platform to experiment more with adapting cryptos into other industries in the near future.

Posted using Partiko Android

Yep, exactly.