What to know
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Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday.
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Bakkt also said institutional clients can opt to use the Bakkt Warehouse for custody of ether.
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Shares of the Alpharetta, Ga.-based company, which started trading Oct. 18, rose about 4% Friday. The stock soared last month after Bakkt signed pacts with Mastercard and Fiserv for crypto payments.
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