Bakkt Completes Acquisition of Stablecoin Payments Firm Distributed Technologies Research
Bakkt Completes Acquisition of Stablecoin Payments Firm Distributed Technologies Research
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Bakkt has finalized its acquisition of Distributed Technologies Research, a stablecoin payments firm. The deal, which was initially announced in January, also involves a corporate name change for Bakkt to Bakkt Inc.
Bakkt announced the deal in January, which was originally for 9.3 million shares, along with a corporate name change to Bakkt Inc.