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Benzinga
Benzinga
Business
Chris Katje

Bakkt To Acquire Apex Crypto: What Investors Should Know And Why It's Important

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.

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