RATE Group | ICE, Operator of Bitcoin Exchange Bakkt, Makes Offer to Buy eBay: Report
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ICE, Operator of Bitcoin Exchange Bakkt, Makes Offer to Buy eBay: Report

05 Feb ICE, Operator of Bitcoin Exchange Bakkt, Makes Offer to Buy eBay: Report

Posted at 10:05h in Bitcoin News by

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Intercontinental Exchange (ICE), operator of the New York Stock Exchange (NYSE) and Bitcoin trading platform Bakkt, has reportedly made an informal offer to buy eBay, reports the Wall Street Journal. The offer is valued at $30 billion.

WSJ reports that this is not the first offer that ICE has made an offer to acquire the e-commerce giant. But now that ICE is the owner and operator of Bitcoin futures trading platform Bakkt, which caters to institutional investors and is currently developing a consumer app for BTC, Morgan Creek Digital co-founder Anthony Pompliano suggests a net positive by having Jeffrey Sprecher, the owner of ICE, operate all three major platforms.

Writes Pompliano,

“The owner of the New York Stock Exchange is thinking about taking over eBay at a valuation of more than $30 billion. This is the same company that realized the importance of Bitcoin enough to start Bakkt. Would be incredible to combine NYSE, Bakkt, & eBay under one…

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