Odaily Planet Daily News - On March 9, Axios reported that Apex Fintech, a fintech company focused on embedding stock trading into applications, is considering acquiring Bakkt, a crypto platform that was originally spun off from the Intercontinental Exchange (ICE).
It is noteworthy that this potential acquisition comes two years after Bakkt acquired Apex's crypto business for up to 200 million dollars in 2022. At that time, the deal appeared to be driven by strict regulations from the Biden administration.
Following the Axios report, Bakkt's stock price rose approximately 15% in early trading, reaching $14.86, with significant market attention on the increase.

Odaily Planet Daily reported on March 9 that Axios stated Apex Fintech, a fintech company focused on embedding stock trading into applications, is considering acquiring Bakkt, a crypto platform that was originally spun off from the Intercontinental Exchange (ICE). 

Notably, this potential acquisition comes two years after Bakkt's acquisition of Apex's crypto business for up to 200 million USD in 2022. At that time, the deal seemed to be driven by the stringent regulations of the Biden administration. 

Following the Axios report, Bakkt's stock price rose approximately 15% in early trading, reaching 14.86 USD, significantly increasing market attention.

Apex Fintech is considering acquiring Bakkt to respond to changes in the cryptocurrency industry.