Bakkt's bitcoin platform raised $ 182.5 million and confirmed launch launch
Bakkt cryptocurrency platform from the operator of the New York Stock Exchange Intercontinental Exchange (ICE) successfully closed the first round of funding, under which it managed to raise $ 182.5 million.
We are pleased to confirm that we have completed our first round of funding of $ 182.5 million https://t.co/Cc2EsoQMcT
– Bakkt (@ Bakt) December 31, 2018
Investors included Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Mike Novograc, Goldfinch Partners, Horizons Ventures, Intercontinental Exchange, Microsoft Venture Division, M12, Pantera Capital, PayU, Fintech Naspers, Protocol and Alan Howard.
According to the blog, Bakkt intends to create the first regulated exchange for institutional investors in combination with the physical supply of digital assets and custodial services.
Representatives of the platform have been cooperating with the US Commodity Futures Trading Commission (CFTC) for a significant part of 2018 and will continue to work on obtaining the necessary permissions to launch deliverable bitcoin futures.
Bakkt also stressed that many consider the fall in the price of Bitcoin as a verdict for the potential of the technology, although not a single innovation, in their opinion, has reached its full potential in the first decade.
Meanwhile, ICE confirmed that the launch of Bakkt will not take place on January 24, since the work with the CFTC has not yet been completed. Soon, representatives of the company will update the new start dates.
Recall that the launch of Bakkt may be postponed, it became known on December 22.
Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.