
Digital asset platform company Bakkt Holdings Inc (NYSE:BKKT) announced it is acquiring Apex Crypto from Apex Fintech Solutions for a total purchase price of $200 million.
The deal is expected to expand Bakkt’s cryptocurrency offerings and bolster relationships with fintechs, trading platforms and neo-banks. It could also help the Atlanta-based company bring staking, external transfers and non-fungible tokens (NFTs) to market faster.