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Bakkt to Allow its Users to Buy and Sell Ethereum (ETH)


cryptopotato.com 05 November 2021 13:05, UTC
Reading time: ~2 m

Shortly after becoming a publicly-traded company, Bakkt Holdings has announced that its customers will be able to interact with the second-largest cryptocurrency as well.

  • Owned and operated by the Intercontinental Exchange, Bakkt Holdings is among the largest regulated cryptocurrency platforms providing Bitcoin services to its clients.
  • Its portfolio of available digital assets will double soon, as the firm announced earlier on November 5th.
  • Bakkt will enable its clients to buy, sell, send, hold, and spend Ethereum’s native token – ether (ETH). Additionally, they will be able to send ETH to family and friends directly through the Bakkt App.
  • “At Bakkt, providing flexible opportunities for users to enjoy their digital assets is a top consideration, and adding Ethereum brings a popular and growing cryptocurrency to our roster. Bakkt users have already enjoyed the app’s capabilities to leverage bitcoin, and we are confident that our addition of Ethereum will be a complement to our growing ecosystem of partners and assets.” – commented Bakkt CEO Gavin Michael.

  • This addition comes just several weeks after the company went public on the New York Stock Exchange.
  • Bakkt continued with impressive news and partnerships shortly after by collaborating with Mastercard and Fiserv to enhance cryptocurrency adoption, which shot up its stock prices to new heights.

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