On Twitter, Bakkt's team informed the crypto-currency and investment community about its first physically concluded bitcoin futures contracts.
Our first contracts will be supplied by Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR. For example, buying one USD / BTC futures contract will result in daily delivery of one Bitcoin into the customer's account.
– Bakkt (@Bakkt) September 25, 2018
On Twitter, the team at Bakkt announced the following:
"Our first contracts will be physical contract bitcoins futures paired with such currencies as USD, GBP and EUR. For example, buying one futures contract for USD / BTC will result in the daily delivery of one bitcoin to the customer's account. "
In early August this year, Intercontinental Exchange (ICE) – the owner of the New York Stock Exchange (NYSE) – in partnership with Microsoft, Starbucks, BCG and other large companies, launched Bakkt. The firm creates an open, seamless global network that allows investors, traders and consumers to buy, sell, store and spend digital assets in a simple, efficient and safe manner.
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