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Intercontinental Exchange's Bakkt launches its institutional custody business, after getting approval from NY regulators

Bakkt, the cryptocurrency venture backed by Intercontinental Exchange, announced Monday the launch of its institutional custody business.

The Block Frank Chaparro

Discussion

  • @mdudas Mike Dudas on x
    “Increased competition has caused [crypto custody] fees to collapse. Coinbase, which at one point charged over 100 basis points to custody cryptocurrency, is now charging just 50 points, according to its website.” ~ @fintechfrank https://www.theblockcrypto.com/ ...
  • @mdudas Mike Dudas on x
    The @NYDFS approves @Bakkt to enter the crowded institutional crypto custody market https://www.theblockcrypto.com/ ... via @fintechfrank
  • @dopetard Ankur on x
    What's going to be a more lucrative business model than vanilla custodial exchanges? Institutional custody. Chase the ₿ https://twitter.com/...