According to Bloomberg, Bakkt, the cryptocurrency trading platform owned by Intercontinental Exchange Inc., is considering a sale or spinoff. Since its establishment in 2018, Bakkt has collaborated with Starbucks and Microsoft, but earlier this year, it disclosed potential operational difficulties and the risk of being delisted from the New York Stock Exchange. Currently, with the assistance of a financial advisor, Bakkt is evaluating its future options, has not made a final decision, and may choose to continue operating independently.

According to Bloomberg, Bakkt, the cryptocurrency trading platform launched by the parent company of the New York Stock Exchange (Intercontinental Exchange), is considering a sale or spinoff. Bakkt made this decision with the assistance of a financial advisor, but has not yet made a formal decision, and may choose to continue operating independently. Intercontinental Exchange Inc. boldly launched Bakkt in 2018, announcing partnerships with Starbucks and Microsoft at the time. Earlier this year, Bakkt disclosed its potential inability to continue operations, facing the risk of being delisted by the New York Stock Exchange.

Intercontinental Exchange's Bakkt considers sale or spinoff, facing operational challenges