Bakkt (NYSE: BKKT) — Company Overview, News & Financial Data
Bakkt operates a digital asset platform enabling users to buy, sell, and store digital assets, enhancing trust in digital transactions.
Bakkt
Bakkt (NYSE:BKKT) operates as a digital asset platform that enables consumers, businesses, and institutions to buy, sell, store, and spend digital assets. Focused on bringing trust and efficiency to digital transactions, Bakkt allows for seamless integration between the digital market and traditional financial systems. They are engaged in various projects, including cryptocurrency trading, a secure digital wallet, and partnering with financial institutions for loyalty and rewards programs. The objective of Bakkt is to expand access to the digital economy by making it as easy to transact with cryptocurrencies and other digital assets as it is with traditional currencies.
Snapshot
Operations
Products and/or services of Bakkt
- Cryptocurrency trading and custody services, providing users a platform for secure buying, selling, and storing digital assets.
- Loyalty and rewards program management, enabling companies to offer more versatile redemption options for customers.
- Crypto-linked debit cards, offering consumers the ability to spend their cryptocurrency holdings at traditional points of sale.
- Payment gateway services, facilitating merchants in accepting cryptocurrencies as a mode of payment alongside traditional methods.
- Peer-to-peer payment platform, allowing users to send and receive payments in cryptocurrencies quickly and securely.
- Marketplace for digital assets, offering a secure platform for users to trade a variety of digital goods and services.
Bakkt executive team
- Akshay NahetaCEO & Director
- Marc D'AnnunzioGeneral Counsel & Corporate Secretary
- Matthew A. WhiteChief Financial Officer
- Nicholas BaesChief Operating Officer
- Joe HendersonVP, Chief Accounting Officer & Principal Accounting Officer
- Remi TuyaertsChief Technology Officer
- Cassandra AbellGlobal Head of People
- Ankit KhemkaChief Product Officer
- Daniel IshagChief Commercial Officer
- Mark HiriartGlobal Head of Markets
Latest news about Bakkt
Key financials
Reported results for Bakkt, in USD.
- Market cap
- 209.1M
- Revenue (TTM)
- 1.1B
- P/E ratio
- —
- EPS (diluted, TTM)
- -3.7
- Dividend yield
- —
- Profit margin
- -2.8%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 2.3B | -141.7M | -107.2M | |
| 3.5B | -92.9M | -46.7M | |
| 780.1M | -227.9M | -74.9M | |
| 56.2M | 1.6B | -2B |