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.

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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