BAKKT: WHAT EVERYONE SHOULD BE FOCUSED ON
One of the main concerns about the crypto currency’s market is the inestability and price volatility. The solid markets today are valued at around hundred shares of trillions of dollars, meanwhile the crypto market is only at the billions of dollars, espicifially at: $217 billions according to Coinmarketcap
This could change once the BAKKT platform comes out. Loads of institutional money flow is expected once the platform is launched, as well as an increase of the probabilities por ETF approvals from the SEC.
What is BAKKT and who is behind it?
BAKKT is global regulated ecosystem for digital assets. They aim to satisfy the demands of security and efficiency that come with the growing interest in the cryptocurrency market. This company will make it possible for consumers along with investors to exchange and use digital assets on a seamless global network.
The Intercontinental Exchange (ICE) which is an operator of global exchanges, clearing houses, data and listings services, is the company behind BAKKT. Important companies such as Starbucks, Microsoft, and BCG, among others, are working with ICE to develop BAKKT.
The biggest expectation with BAKKT is that it will Ben including federally regulated markets and warehousing with usable applications.
Check out this article by the BAKKT CEO introducing the company.
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Best regards,
Ana.