Nexo Launches U.S. Operations After 3-Year Exit
@Nexo re-enters the U.S. market with new digital asset offerings after exiting in late 2022 due to regulatory issues, now managing $11 billion in assets. #Update #Crypto $NEXO
Bakkt
Bakkt Stock Surges 10% on Acquisition
Bakkt plans to acquire Distributed Technologies Research via an all-stock transaction, enhancing its stablecoin settlement and programmable payments infrastructure. #Update #Crypto
Bakkt Stock Surges 18% on Acquisition
Bakkt shares surged 18% following the acquisition of Distributed Technologies Research, with Akshay Naheta becoming sole CEO; rebranding to Bakkt, Inc. expected soon. #Update #Crypto
Bitcoin Firm Bakkt Acquires DTR in Stock Deal
@Bakkt Holdings Inc. to acquire Distributed Technologies Research Ltd. in a stock-based deal, issuing Class A shares for 31.5% of Bakkt’s total shares. #Update #Finance
Bakkt Shares Surge 17% on $40 Target
Bakkt Holdings’ stock surged 17% after Benchmark raised its price target to $40, citing growth in crypto infrastructure and stablecoin payments. #Update #Finance
Crypto Veteran Boosts Bakkt Stock Surge
Bakkt Holdings’ stock surged over 40% after crypto veteran Michael Alfred joined its board, surpassing analysts’ target. The company focuses on digital asset infrastructure. #Update #Finance