Bakkt Stock Jumps 18% Following Stablecoin Firm Acquisition
Bakkt Holdings acquires stablecoin firm Distributed Technologies Research, leading to an 18% surge in its stock price, as it seeks to strengthen its position in the digital asset market.
Bakkt Holdings acquires stablecoin firm Distributed Technologies Research, leading to an 18% surge in its stock price, as it seeks to strengthen its position in the digital asset market.
Bakkt’s stock price surges 20% following the announcement of its stablecoin payments strategy, with the stock deal potentially worth $178 million.
Bakkt Holdings, Inc. acquires Distributed Technologies Research Ltd. (DTR) to enhance its stablecoin settlement and programmable payments capabilities, marking a significant step in its crypto payments strategy.
Oobit’s U.S. expansion enables crypto-to-fiat payments at retail, enhancing mainstream adoption of digital currencies.
Oobit expands into the US, partnering with Bakkt to enhance crypto payments across all states, signaling a shift in commerce.