Bakkt Expands Custodial Support to Six New Coins, Focuses on Strengthening Crypto Custody Arm
Bakkt, a crypto firm, is shifting its focus back to digital asset custody and has announced support for six new coins, including Bitcoin Cash, Dogecoin, and Ethereum Classic. The company plans to add more coins to its custodial services early next year. Bakkt is employing various security measures to protect assets, such as cold storage of coins and multi-signature technology. The company's quarterly earnings report showed a decrease in adjusted EBITDA loss year-over-year, but an increase in crypto revenue thanks to the acquisition of Apex Crypto. Bakkt is also developing partnerships to strengthen its crypto custody arm and expand its business-to-business (B2B) client base.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoins Gear Up for Profitable Rally
Altcoin holders could be in for major gains as market sentiment turns bullish.Altcoin Holders Anticipate Major GainsWhat’s Fueling the Altcoin Rally?Time to Watch the Altcoin Market Closely
Best Cryptos to Buy Now: Why Qubetics, Cardano, and Toncoin Are Dominating 2025’s Blockchain Revolution
Explore why Qubetics, Cardano, and Toncoin are the best cryptos to buy now in 2025, with groundbreaking innovations and real-world applications.Qubetics ($TICS): Bridging Real-World Assets with BlockchainCardano (ADA): Pioneering Sustainable Blockchain SolutionsToncoin (TON): Revolutionizing Digital InteractionsUnderstanding Real World Asset TokenizationConclusion
Best Crypto to Buy Now: Final Chance to Buy Troller Cat at $0.0000072 Before 20% Jump as Notcoin and Brett Break Out
Troller Cat enters Stage 3 with 69% APY and 7,000% ROI potential while Notcoin and Brett rally.Troller Cat ($TCAT): Staking, Strategy, and Serious GainsNotcoin ($NOT): Massive Community, Real-Time MomentumBrett ($BRETT): Base Chain’s Loudest VoiceConclusion: Which Project Offers the Best Entry Point?
James Wynn’s $46.5M Hyperliquid Trading Streak
James Wynn earns $46.5M in under 2 months on Hyperliquid with high-leverage trades on BTC, PEPE, TRUMP, and more.The Rise of a Trading LegendUnrealized Profits Tell the StoryWhat Makes Wynn’s Strategy Stand Out?
Trending news
MoreCrypto prices
More
