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Bakkt enhances Trading offering by adding nine new coins

We heard you – our clients want access to more coins! Today, we are excited to announce that we have added nine coins to our platform: Algorand (ALGO), Avalanche (AVAX), Cardano (ADA), Chainlink (LINK), Cosmos (ATOM), Pepe Coin (PEPE), Polkadot (DOT), Ripple (XRP) and Solana (SOL).  All nine tokens will be available to our clients to make available to their users in the US states and jurisdictions supported by Bakkt.

We are committed to providing safe and responsible crypto access to our customers. Prior to the addition of these assets, all nine were subject to our rigorous self-certification process, ensuring that our decision to list the assets followed the stringent standards set out in our NY Department of Financial Services (NYDFS) approved Coin Listing Policy. We expect the addition of these tokens will continue the expansion of accessible US crypto markets and further enhance the value of the Bakkt relationship to our clients.

As always, Bakkt has a strong institutional-grade foundation bolstered by comprehensive licensing, including Money Transmitter Licenses in all states where required and an NYDFS BitLicense, which allow us to provide clients with secure and compliant crypto services. The addition of these nine assets complements the assets already accessible via the Bakkt platform: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ether Classic (ETC), Dogecoin (DOGE), Litecoin (LTC), USD Coin (USDC)* and Shiba Inu (SHIB). All of the tokens that we offer are subject to regular evaluation under our Coin Listing Policy and are also regularly evaluated to maximize client experience. 

We are excited to continue to enhance our trading offering with new capabilities while continuing to provide best-in-class, licensed and compliant crypto trading.

 

Ready to grow with us? Get started with Bakkt today.

This does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell, or otherwise transact in any investment, including any of the product(s) mentioned herein, or an invitation, offer or solicitation to engage in any investment activity. This information is provided solely on the basis that you will make your own investment decisions, and Bakkt does not take account of any investor's investment objectives, particular needs, or financial situation. It is strongly recommended that you seek professional investment advice before making any investment decision.

Cryptocurrency services are provided by Bakkt Crypto Solutions, LLC (NMLS ID 1890144). Bakkt is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not FDIC or SIPC insured. Bakkt Crypto Solutions, LLC is licensed to engage in virtual currency business activity and money transmission by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading. See here for Bakkt licenses and disclosures.

Bakkt has no conflict of interest in listing any of the tokens referenced above.

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