{"id":13276,"date":"2021-10-17T10:54:02","date_gmt":"2021-10-17T10:54:02","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/digital-asset-firm-bakkt-to-go-public-after-completing-merger-bkkt-shares-set-to-trade-on-nyse-monday\/"},"modified":"2021-10-17T10:54:02","modified_gmt":"2021-10-17T10:54:02","slug":"digital-asset-firm-bakkt-to-go-public-after-completing-merger-bkkt-shares-set-to-trade-on-nyse-monday","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/digital-asset-firm-bakkt-to-go-public-after-completing-merger-bkkt-shares-set-to-trade-on-nyse-monday\/","title":{"rendered":"Digital Asset Firm Bakkt to Go Public After Completing Merger \u2014 BKKT Shares Set to Trade on NYSE Monday"},"content":{"rendered":"

The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker \u201cBKKT.\u201d<\/strong><\/p>\n

Digital Currency Firm Bakkt Set to List on NYSE Next Week<\/h2>\n

The digital currency firm Bakkt is set to start trading on NYSE next week, according to an announcement from the combined firms on Friday. The shares will be called \u201cBKKT\u201d and the public-listing was made possible via a merger with the company VPC Impact Acquisition Holdings, according to the Intercontinental Exchange\u2019s (ICE) and VPC\u2019s press statements<\/a>.<\/p>\n

VPC Impact Acquisition Holdings is an affiliate of Victory Park Capital, a global investment firm. \u201cAt the extraordinary general meeting of its shareholders held on October 14, 2021, the shareholders voted to approve its previously announced business combination with Bakkt Holdings, LLC, the digital asset marketplace founded in 2018,\u201d the announcement details. The press announcement adds:<\/p>\n

Approximately 85.1% of the votes cast at the meeting voted to approve the business combination.<\/p>\n

Merger Vote Details to Be Included in Form 8-K, Bakkt\u2019s Recent Partnership With Google<\/h2>\n

The news concerning Bakkt\u2019s latest deal follows the firm\u2019s recent collaboration announcement<\/a> with Google. Bakkt stressed that the newly inked partnership with Google is meant \u201cto introduce digital assets to millions of consumers.\u201d<\/p>\n

The recent merger vote, which took place on October 14, will be included in a current report on Form 8-K to be filed by VIH with the Securities and Exchange Commission (SEC), the announcement concludes.<\/p>\n

Bakkt\u2019s decision to go public follows a slew of other crypto-asset firms that have recently obtained listing status on NYSE or Nasdaq. The mining manufacturer Canaan was able to offer an initial public offering and the popular crypto exchange Coinbase went public as well.<\/p>\n

Meanwhile, the crypto community is under the impression<\/a> that the first bitcoin exchange-traded fund (ETF) has been approved to start trading as well on Monday.<\/p>\n

What do you think about Bakkt merging with VPC and getting listed on the NYSE? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nNews, Bakkt, Bakkt Merger, BKKT, Canaan, Coinbase, Form 8-K, general meeting, ICE, Intercontinental Exchange, NYSE, October 18, public, Public Listing, SEC, Shareholders, shares, VPC, VPC Impact Acquisition Holdings<\/p>\n","protected":false},"excerpt":{"rendered":"

The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker…<\/p>\n","protected":false},"author":0,"featured_media":13277,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13276"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13276"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13277"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}