Start trading platform Bakkt postponed

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Start trading platform Bakkt postponed

The launch of regulated trading platforms Bakkt, which many experts cryptocracy have very high expectations, has been postponed. Now the management company says is not about November, and December 2018.

In December Bakkt will offer corporate customers full access to trading, calculations and storage of digital assets, all on the ground, regulated under the Federal laws of the United States, said CEO Kelly Lafler.

“The market for digital assets is now as fragmented as the energy market in the early 2000s, she added, — ICE acted as a pioneer, attracting more and more institutional clients in the trading, the result is the liquid market that exists now. We will see a revolution of such scope and in crypto-currencies”.

According to the newspaper, The Block, now as a tentative opening date in the company is considered on 12 December. As suggested earlier, Bakkt intends to start trading with bitcoin futures, providing for physical delivery of the asset.

We will remind, in August, the heavyweight champion of the world stock exchanges, securities and underlying assets, a conglomerate of trading platforms Intercontinental Exchange (ICE), announced the creation of a separate company Bakkt, the profile of which will be digital assets.

Since then, the company is preparing to launch its platform, not forgetting the personnel strengthened. Its COO recently became Adam white, a former Vice-President of Coinbase, engaged in the development of the platform GDAX-oriented corporate customers of the largest American crypto currency exchange.

Bakkt will use the cloud solution of Microsoft for “an open and regulated global ecosystem for digital assets”. The new company is working with a group of companies such as BCG, Microsoft, Starbucks and others, on the creation of an integrated platform that will allow private and corporate customers worldwide to buy, sell, store and exchange digital assets.

Investors Bakkt, in addition to ICE and M12, venture Fund, Microsoft, will speak at Fortress Investment Group, Eagle Seven, Galaxy Digital, Horizons Ventures, Alan Howard, Pantera Capital, Protocol Ventures and Susquehanna International Group.

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