Bitcoin move from the owners of New York Stock Exchange
In a statement from ICE, it is reported that BAKKT will start to offer Bitcoin futures contracts with real product delivery as of December .
According to the statement, the contract will be dollar-based. In a press release issued by ICE, it was stated that BAKKT would store the Bitcoins that support the futures contract in the digital asset depots of ICE.
Developed by ICE, the main shareholder of the New York Stock Exchange , the BAKKT platform serves as a global network that enables buying, selling, storing and spending digital assets.
The platform was developed with Microsoft and Starbucks as well as several key companies.
In recent days, classical financial sector organizations, subject to legal regulations, have shown an increasing interest in crypto money. The BAKKT Stock Exchange stands out with its connections to the New York Stock Exchange and its large number of participants. Crypto money investors generally welcome the introduction of traditional financial institutions into the sector. However, there are those who think the opposite in the sector.
For example, Dogecoin designer Jackson Palmer said last week that corporate finance could turn the crypto money industry into a new Wall Street, warning its followers in particular against BAKKT.