Cryptocurrency Firm Bakkt Earns a $740M Valuation in Series A Funding


Bakkt – owned by Intercontinental Exchange (ICE) has netted a $740 million valuation after raising more than $182 million in a Series A funding round in 2018, according to The Block, the crypto news outlet. The company sold over ¼ of its shares to investors to hit the current valuation.

This bullish valuation pre-launch surfaces as the U.S’ regulatory system related to digital currency products remains indeterminate across the board.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrency-firm-bakkt/


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