Bakkt launches Bakkt® Visa® debit card to maximize users’ ability to spend digital assets

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, LLC (“Bakkt”), the digital asset marketplace behind the Bakkt App, has expanded its offerings with a new fully virtual Bakkt® Visa® Debit Card (“Bakkt Card”). The Bakkt Card allows customers to use their bitcoin and cash balances to purchase everyday goods and services online or in-store wherever Apply Pay® or Google Pay^TM are accepted, which includes hundreds of thousands of retailers, grocery stores, transit options and more.

“As we continue Bakkt’s journey, our goal first and foremost is to offer more choice for consumers, and the Bakkt Card untethers bitcoin owners from their online-only past into a world with countless options to leverage the digital assets in their day-to-day lives,” said Gavin Michael, Bakkt CEO. “Imagine a bitcoin user who sees a significant gain. Now, instead of selling and waiting to transfer to a bank, they can simply walk into their favorite store, tap their Bakkt Card and buy that new item they’ve been eyeing. Very soon selected rewards customers will have the same flexibility – leveraging their points to pay for a lunch out with friends or even an impulse purchase.”