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News Explorer — Bakkt's Share Price Soars on News of Stablecoin Firm Deal

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Jan 12, 9:54 pm
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Bakkt's Share Price Soars on News of Stablecoin Firm Deal

Bakkt Holdings' share price surged after announcing the acquisition of Distributed Technologies Research in an equity-based deal pending SEC and shareholder approval. The move aims to accelerate the company's strategy in programmable money and financial infrastructure, with Akshay Naheta becoming the sole CEO.

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