RATE Group | Leading Bitcoin Futures Trading Platform Bakkt to Launch Consumer Cryptocurrency Payment…
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Leading Bitcoin Futures Trading Platform Bakkt to Launch Consumer Cryptocurrency Payment…

Leading Bitcoin Futures Trading Platform Bakkt to Launch Consumer Cryptocurrency Payment…

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The Intercontinental Exchange’s brainchild, Bakkt, has broadcasted the news of the launch of its highly anticipated cryptocurrency payments app curated for the ease of the customers. The payments app will be unveiled by the futures trading platform in the first half of the coming year, i.e., 2020, as per the announcement made by Mike Blandina, CPO of Bakkt.

According to the spearhead, the project will be out for testing with a globally reputed firm, Starbucks. While explaining about the app launch, Mike stated that

Billions of dollars in digital assets exist today across the world, such as Bitcoin, cashback, and rewards, in addition to other forms of digital value relied upon by consumers and merchants… Our vision is to provide a consumer platform for managing a digital asset portfolio, whether they wish to store, transact, trade or transfer their assets.

Interestingly, Mike shared that the app will be the first step in achieving Bakkt’s ultimate objective of “unlocking the…

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