PANews reported on January 12 that Bakkt Holdings (NYSE: BKKT) has reached an agreement to acquire Distributed Technologies Research Ltd. (DTR), a global stablecoinPANews reported on January 12 that Bakkt Holdings (NYSE: BKKT) has reached an agreement to acquire Distributed Technologies Research Ltd. (DTR), a global stablecoin
Bakkt agrees to acquire stablecoin payment infrastructure DTR
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PANews reported on January 12 that Bakkt Holdings (NYSE: BKKT) has reached an agreement to acquire Distributed Technologies Research Ltd. (DTR), a global stablecoin payments infrastructure company, for approximately 9,128,682 Class A ordinary shares, to advance the integration of its stablecoin settlement and digital banking businesses. The transaction is expected to close upon regulatory and shareholder approval, with ICE voting in favor of the deal. The company will change its name to "Bakkt, Inc." on January 22 and will hold an investor day on the NYSE on March 17.
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