Bakkt has appointed Akshay Naheta as co-CEO, aiming to sharpen its focus on cryptocurrency services as the firm seeks to shed non-core operations after losing significant clients like Bank of America.
Bakkt projected revenues of 3.49 billion USD for 2024, indicating a 350% increase year-over-year. The company plans to leverage partnerships to enhance its stablecoin payment infrastructure, driving new revenue streams.
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