Bakkt to Acquire Distributed Technologies Research in Stock-Based Transaction

Share This Post

Bakkt Holdings Inc. has agreed to acquire Distributed Technologies Research Ltd. (DTR) in a stock-based transaction aimed at expanding its stablecoin settlement and programmable payments capabilities. Bakkt’s Board Approves DTR Acquisition After Special Committee Review Under the definitive agreement, Bakkt Holdings Inc. will issue Class A common stock equal to 31.5% of the “Bakkt Share […]

Related Posts

Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets

Prediction market Kalshi filed a federal lawsuit against a...

Bitcoin ETFs suffer record 9-day outflow streak as $2.8 billion exits funds

U.S. spot bitcoin ETFs have now recorded nine consecutive...

Sui Restarts After Back-to-Back Mainnet Halts Tied to Software Bug

The Layer 1 blockchain blamed two stoppages in as...

Bitcoin Loses Global Top 10 Asset Spot as Market Cap Falls to $1.48T

Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with...

JP Morgan’s Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JPMorgan Chase CEO Jamie Dimon on Friday yet again...

Bitcoin Approaches ‘Crucial’ Reversal Zone as $72K Gets Closer

Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street...