Bakkt Holdings has sold its loyalty business for 11 million USD to Project Labrador Holdco, a move aimed at refocusing on its core crypto infrastructure.
Co-CEO Andy Main emphasizes that this sale will allow Bakkt to concentrate resources on enhancing its crypto offerings and stabilize its business operations.
The deal is anticipated to close in Q3 2025, as Bakkt prepares to leverage preliminary revenue growth of at least 13% year-over-year.
Leave a Reply