Bakkt confirms investment of R $ 700 million and could boost Bitcoin in 2019



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Bakkt, exchange of cryptographic coins of ICE, parent company of the New York Stock Exchange, raised $ 182.5 million from a group of investors.

December 31 On the eve of the New Year, Kelly Loeffler, CEO of Bakkt, announced that the Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch Partners, Alan Howard, Horizon Ventures, Intercontinental Exchange, Microsoft Venture Capital, M12, Panther Capital, PayU, Naspers and Protocol Ventures have invested in the company, sharing the company's vision of promoting institutional access to digital resources and providing support to traders.

Loeffler said:

"Our work today is focused on generating institutional access to digital resources as well as the uses of merchants and consumers, and we are already expanding this vision into collaborating with large companies such as Starbucks. "

According to the CEO, 20 year 18 has been an active year for the Bitcoin and Criptomoeda sector, as significant progress has been made in strengthening the business. infrastructure that supports the badet clbad.

Although the market value of cryptographic badets has dropped significantly since the beginning of 2018, Loffler pointed out that the price did not reflect the achievements of companies within the ecosystem and the steps taken by the company. industry in the last 12 months.

She noted:

"It is interesting to note that 2018 has been the most active year for the market since its brief history of ten years.This has been demonstrated by increased investment in the Distributed accounting technology and digital badets, as well as blockchain metrics such as the bitcoin daily transaction value and active addresses, however, these declines tend to be overshadowed by the lowering of bitcoin prices. has been considered by some as an important factor for technological potential. "

As the institutional infrastructure of Bitcoin improves and the liquidity of cryptographic badets increases, the sector may see the more capital inflows from institutional investors and long-term funds.

The launch should delay

Bakkt is expected to postpone the launch of its platform for the second time, according to information from Coindesk.

The launch, scheduled for late 2018, had been postponed to 24 January. However, ICE has not yet received the necessary approvals from the United States Commodity Futures Trading Commission (CFTC) and, at the rate the agency is evolving, it is unlikely that approvals will be required. obtained in time to achieve this goal. 19659003] According to Coindesk, this does not mean that the regulator does not approve the plan. Quoting a person familiar with the agency's internal workings, she stated that even a launch on January 30 was still plausible, which meant the delay could only be a few days.

The next necessary step is the CFTC. waive Bakkt's plan to protect Bitcoin on behalf of its customers. CFTC regulations generally require that client funds be held by a bank, trust company or futures commission dealer (FCM).

The staff of the agency finished examining Bakkt's waiver request and forwarding it to the board. , a source told Coindesk

the commissioners must now decide whether the proposal should be subject to public evaluation. After the 30-day period, commissioners would probably take at least two days to read the comments and then vote on the proposal itself.

As the end of the year is a holiday season, it will no longer be possible to keep the date.


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