Financial Express
- Apr 4

Bakkt fulfills accretion with Apex Crypto amounting to $200 million

As per reports, on April 3, 2023, Bakkt, a digital asset platform announced the settlement of all investments with Apex Crypto LLC, a blockchain technology-based company, stated Cointelegraph. Reportedly, Bakkt would pay $55 million cash and stock worth around $145 million to Apex Crypto LLC.

“This acquisition marks an exciting new chapter for Bakkt, significantly advancing portions of our crypto roadmap, helping us tap into a universe of 5.8 million crypto-enabled accounts, and further establishing Bakkt as the B2B2C crypto provider of choice,” Gavin Michael, CEO, Bakkt, commented, added Cointelegraph.