Tag: Bakkt

Bakkt is reportedly evaluating a range of strategic options, including a potential sale or breaking up the company into smaller entities. 

Bakkt has affirmed its commitment to rectify the situation, stating its intention to return to compliance with the exchange's standards.

Bakkt said that the SEC’s approval will provide it with “significant benefits when raising capital in the future.”

Bakkt said that its cash and restricted cash are not enough to allow it to continue operations for the course of the next twelve months.