To me the simple fact that market leaders are slowly but surely moving into the space is really telling. Also I was surprised to read they started working on bakkt 14 months ago...
If they were working behind the scenes for all this time, other major players are probably moving in this direction without going public yet
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That's right! It is really telling that major players are now beginning to get involved. And as you pointed out, other major players might be working on something for the crypto world behind the scenes as well, which would be so awesome!!