
Following the launch of Bakkt Bitcoin futures trading on Monday, the company's executive director Kelly Loffler listed three reasons why this event should be considered an important milestone for the entire cryptocurrency industry.
Noting that launching the service is an important step towards building a cryptocurrency infrastructure, Loeffler also said that Bakkt's mission is to expand access to the global economy by building trust and unlocking the value of digital assets.
Three reasons why Bakkt's deliverable bitcoin futures are important for the entire industry, according to the head of the company, are as follows:
– proven and regulated infrastructure
– adoption of new technology based on digital currencies
– the rapid spread of innovative management practices and the transfer of digital value
“With the [necessary level] of operations, cybersecurity and control, as well as the comprehensive regulation that investors and consumers require, confidence in digital currencies – and not only for investments, but also for their use in transactions – will grow,” Kelly said Loeffler.
Recall that the trading of Bitcoin futures on the Bakkt platform from the operator of the New York Stock Exchange Intercontinental Exchange (ICE) started on the night of Monday, September 23.
As of 21:00 Moscow time, the trading volume amounted to 63 BTC, the last contract was concluded at a price of $ 9865.
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