Intercontinental Exchange (ICE), the parent of the NYSE, plans to setup a new company
Bakkt to create a regulated global ecosystem for digital assets. In other words an exchange.
The first use case is to trade and convert Bitcoin to and from fiat currencies.
“In bringing regulated, connected infrastructure together with institutional and consumer applications for digital assets, we aim to build confidence in the asset class on a global scale, consistent with our track record of bringing transparency and trust to previously unregulated markets,” said Jeffrey C. Sprecher, Founder, Chairman and CEO of Intercontinental Exchange.
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