Ex-Manager Coinbase’s Adam white will be the COO Bakkt

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A former top Manager of Coinbase’s Adam white will be the operational Director of the upcoming launch of cryptocurrency platform Bakkt. It is reported The Block, citing an informed source.

In Coinbase’s Adam white was a Vice-President and General Director, with a focus on the institutional activity of the company. Place white in Coinbase took Jonathan Kellner, who worked in focused on the major players in the brokerage Instinet.

Bakkt — cryptocurrency division of Intercontinental Exchange (ICE), which is the operator of the new York stock exchange. Creating a new project is positioned as a “ecosystem for digital asset”, attended by such giants as Microsoft and Starbucks.

Start Bakkt is expected in November this year. The new platform will offer the market deliverable bitcoin-futures (in contrast to the settlement contracts on the CBOE and CME, at the core of these tools lies the underlying asset). The platform will support multiple Fiat currencies. However, at first it will be available only for multiple clients.

ForkLog previously reported that Coinbase has confirmed the rumors about closing the cryptocurrency index Fund for accredited investors.

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