Donald Trump’s social media company is reportedly in discussions to acquire Bakkt, a cryptocurrency platform founded by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), in 2018.
Bakkt has faced several challenges in gaining traction in the crypto market, prompting multiple strategic pivots over the years. With this potential acquisition, Trump’s company could bring new opportunities or directions for Bakkt. The talks indicate a significant twist in the journey of the ICE-founded platform.
Source: www.theblockcrypto.com ↗
