Bakkt is a cryptocurrency platform that will allow users and institutional investors to buy, sell and store digital assets in the global ecosystem. The first operations will be with Bitcoin, but in the future the list of supported cryptocurrencies will be expanded.
The fundamental difference between Bakkt is the offer of one-day Bitcoin futures, upon expiration of which investors will receive the underlying asset itself, and not cash settlement.
Pantera Capital, Galaxy Digital, Horizons Ventures, Microsoft Corporation, the international coffee chain Starbucks and the consulting firm The Boston Consulting Group (BCG) took part in the financing of the creation of Bakkt.
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