Bakkt's cryptocurrency platform, operated by the Intercontinental Exchange (ICE) financial corporation, introduced board members who will be headed by Tom Noonan, a cybersecurity serial entrepreneur.
Progress report:
Introducing our infrastructure infrastructure infrastructure https://t.co/ExY0Zn4j8D
– Bakkt (@ Bakt) March 29, 2019
“We are following a completely new course that requires hard work from all of us, including the board of directors. Therefore, I want to introduce its members: the founder of Internet Security Systems, JouleX and Endgame Tom Noonan will head the council. Also, we were joined by ICE founder and CEO Jeff Sprecher, SoftBank Managing Partner Akshay Nakheta and Goldfinch Partners Managing Partner Sean Collins, ” Kelly Leffler wrote on Bakkt’s official blog.
She stressed that she could not yet tell the exact launch date of the platform for trading in deliverable bitcoin futures , however “substantial” progress in the development of the initiative is already taking place.
Bakkt is actively cooperating with the US Commodity Futures Trading Commission (CFTC) to get permission to list ICE Futures US futures and clearing ICE Clear US.
In the near future, the platform will also present its own custodial solution, which, according to Leffler, will become a new standard in the context of securing digital assets.
"Launching new products requires solutions for unknown variables."
According to some data, Bakkt's investment valuation reaches $ 740 million. This was made possible by a massive round of $ 182 million in Series A financing, in which Microsoft, Boston Consulting Group, Galaxy Digital and others took part .
Recall, Bakkt ’s head of legal compliance is Eric Haas, a former ICE functionary, and Rachel Ford, a former top manager of the TechStars incubator, is a strategic operating director.
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