The most anticipated crypto platform, Bakkt, finally launches officially, today, Monday, 23.09, with expectations at both extremes.
Remember, the official announcement of the platform was in August 2018, but the official launch was delayed several times due to regulatory issues. The platform began testing Bitcoin futures in July, listing two futures contracts: Bakkt Bitcoin (USD) Daily Futures - this will enable users to transact within the same day. Bakkt Bitcoin (USD) Monthly Futures - intra-month trading.
This will be the first platform to offer Bitcoin futures with physical settlement. The clients' portfolios will be in Bakkt Warehous, and the portfolios themselves are insured for $ 125 million.
Bakkt is backed by the Intercontinental Exchange (ICE), which is the parent company of the New York Stock Exchange (NYSE), and this raises a lot of expectations for the crypto community. The move is seen as a bridge from the old to the new financial world and digital markets, and traditional investors can now confidently benefit from crypto products.
Some of Bakkt's biggest partners include Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Starbucks, Horizons Ventures and more.
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