Bakkt Holdings has finalized plans to acquire Distributed Technologies Research Ltd. (DTR) for about 9,128,682 Class A shares. This move aims to bolster Bakkt’s capabilities in stablecoin financial operations.
The transaction awaits necessary regulatory and shareholder approvals, with strong support from Intercontinental Exchange (ICE). Bakkt will rebrand as ‘Bakkt, Inc.’ from January 22 and host an investor day on March 17.
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