RATE Group | What Ever Happened to Bakkt? [Opinion]
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What Ever Happened to Bakkt? [Opinion]

25 Apr What Ever Happened to Bakkt? [Opinion]

Posted at 03:19h in Cryptocurrency News by

Bakkt was once the biggest story in the cryptocurrency world. It was supposed to bring in ‘institutional money’ to the industry. Since launch, however, it has faded into irrelevance.

What happened to Bakkt? That’s the question trader TheBoot (@TheBootMex) recently asked his followers as they struggled to remember what the hype was all about.

Expectations were always high for the exchange. It was, after all, supposed to be the first exchange that would offer futures settled in real BTC. However, enthusiasm for the exchange has all but entirely disappeared in the past few months. Although starting with a bang, Bakkt has since faded into relative obscurity.

The Story with Bakkt

If you have been in the cryptocurrency space for some time, you may remember the hype surrounding Bakkt. Many were hoping that it would be the salvation that would lead us…

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