Shares of Bakkt Holdings, Inc. (BKKT) are rising more than 4% Wednesday morning after the digital asset platform announced partnership with digital assets institution Nexo, to securely store Bitcoin and Ethereum in the Bakkt Warehouse.
The Bakkt Warehouse comprises both online ("warm") and offline, air-gapped ("cold") digital asset storage.
"As we build upon our partnerships with businesses and expand our network of operations and revenue, secure custody continues to be a pillar of Bakkt's strategy, leveraging state-of-the-art physical and cyber security, institutional grade technology and governance, and backed by insurance," said Dan O'Prey, Chief Product Officer, Crypto at Bakkt.
BKKT is at $5.47 currently. It has traded in the range of $4.98- $50.80 in the last 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.