Bakkt Attracts $300 Million Funding as Bitcoin Sell-off Continues

Crypto derivatives provider Bakkt raised $ 300 million in its latest financing round even as its core portfolio asset bitcoin suffered huge losses amidst the Coronavirus-led sell-off. According to the announcement, penned by Bakkt’s CEO Mike Blandina, Intercontinental Exchange, PayU, Microsoft’s M12, Goldfinch Partners, Boston Consulting Group, Pantera Capital, and CMT Digital all contributed to the […]