chepicap.com
Today within a post on Medium Bakkt CEO, Kelly Loeffler, announced that the firm will begin user acceptance testing for Bitcoin futures custody, and trading in July.
After months of delays and speculation, Bakkt has finally set a date for the initial testing phases of Bitcoin futures contacts developed by the firm in collaboration with company ICE futures US and ICE Clear US.
Today, we’re pleased to update you on the launch of bitcoin futures contracts developed by Bakkt in collaboration with ICE Futures U.S. and ICE Clear U.S. https://t.co/8G3YcFbPl2
— Bakkt (@Bakkt) May 13, 2019
The post conveys how Bakkt has worked closely with the Commodity Futures Trading Commission (CFTC) in order to provide market certainty and regulatory compliance.
“In conjunction with our exchange and clearing partners at ICE, we’ll be working with our customers over the next several weeks to prepare for user acceptance testing (UAT) for futures and custody, which we expect to start in July. We’ll provide more details in upcoming posts, but we expect to use UAT to ensure that customers have time to onboard and can test the trading and custody model we’ve built to their satisfaction,” reads the post.
More information to follow.