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By Soraia Barbosa
Posted on February 09, 2019
Bakkt closed its first major acquisition. The platform is one of the most anticipated news in the market and is managed by Intercontinental Exchange (ICE). The news was aired via a tweet on Bakkt's official profile.
Today, we close our deal with the Rosenthal Collins Group and welcome new members of our team.
The outstanding heritage, culture and expertise of the DGC will help us build a trusted institutional infrastructure for digital badets
– Bakkt (@Bakkt) February 8, 2019
] "With the end of the contract with the Rosenthal Collins Group, we welcome a great new team for the Bakkt."
The incredible heritage, culture and know-how of RCG will help us create a reliable infrastructure for digital badets.
The end of the transactions marks the end of the acquisition of the group, which had bought different segments to the Bakkt. As the tweet clearly indicates, Bakkt hopes to use all of RCG's knowledge to provide reliable service to its future customers.
Bakkt announced the first GCR coin purchases in mid-January. At the time, Kelly Loeffler, the company's CEO, explained that the acquisition was part of the Bakkt slowdown, as the platform was awaiting regulatory approval from the Securities and Exchange Commission.
In addition to the acquisition as a way to prepare for the launch of the platform, Mr. Loeffler added that this was a way to expand risk management and treasury operations, points that can improve the system against money laundering.
Bakkt is very important for cryptomercado and is highly anticipated by investors, as well as by the various regulatory applications of an FNB is the acronym of Exchange Traded Funds ] which are funds. marketed indices in the form of stocks. "clbad =" glossaryLink "target =" _ blank “> ETF. Fortunately, the team responsible for these projects does not expect approval to be given, everyone is already doing what they can to make their clients' operations easier.
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