Bakkt was founded in 2018 by Kelly Loeffler and Jeff Sprecher. The company has not officially endorsed a plan to participate in an IPO.
Bakktâs website indicates the company provides services in the digital asset space ranging from the institution-focused custody solutions, futures market, and regulatory compliance to the consumer-oriented payments network. The company has raised nearly $500 million in Venture Capital funding from investors including SGH Capital, 11-11 Ventures, BSG Group, Galaxy Digital Holdings, Horizons Ventures, Multicoin Capital, and Pantera Capital. Per company press releases, Bakkt last raised $300 million in March 2020 at an undisclosed post-money valuation.
Bakkt does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Bakkt will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
