Bakkt, the digital asset exchange set up by New York Stock Exchange owner ICE has
announced its launch date is September 23rd. It was awaiting authorisation from the New York State Department of Financial Services for Bakkt Trust Company, a qualified custodian.
The first products are physically delivered daily and monthly bitcoin futures contracts. Bakkt already had the go-ahead from the Commodity Futures Trading Commission (CFTC) through a self-certification process.
Bakkt was
first announced just over a year ago, and eight months ago unveiled a
$182.5 million funding round from 12 investors, including Boston Consulting Group, ICE and Microsoft’s venture capital arm.
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