Bakkt Stock Jumps 18% Following Stablecoin Firm Acquisition – Decrypt
In brief Bakkt shares jumped 18% on news of DTR acquisition, peaking above $20—the highest since November. Co-CEO Akshay Naheta will become sole CEO; the company will rebrand to Bakkt, Inc. later this month. Deal follows major client losses in 2025 when Bank of America and Webull ended agreements. Digital asset platform Bakkt Holdings saw...
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