When you grow up the stock market. The launch date officially confirmed Bakkt

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The operator of the new York stock exchange ICE announced details of a new open platform for institutional investors

The official launch of cryptocurrency platform Bakkt will be held on December 12, representatives of the operator of the new York stock exchange Intercontinental Exchange (ICE). The first product platform will become the bitcoin futures with physical delivery of the asset.

The report says that cryptocurrency will be in store digital assets with ICE. Unit exchange ICE Clear US will be engaged in the clearing of futures contracts. The company explained that each futures contract, which paid the American dollar, provides for the delivery of one bitcoin.

Last week, the network appeared information about the fact that the launch Bakkt will be held on 12 December 2018. In summer, ICE announced its intention to develop a fully controlled ecosystem of digital assets.

The head of a major cryptocurrency hedge Fund Pantera Capital Dan Morad said that the launch of Bakkt can have a positive impact on the market of digital money in the next 5-10 years. Similar opinion is shared by analyst Fundstrat Tom Lee — he argues that the platform for institutional investors can cause the growth rate of bitcoin.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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