Intercontinental Exchange Announced the Launch Date of their Bakkt Cryptocurrency Platform


The cryptocurrency platform Bakkt, created by the operator of the New York Stock Exchange (NYSE), announced its launch, scheduled for the end of January 2019.

Intercontinental Exchange (ICE), which is the operator of the 23 largest world exchanges, announced its intention to create a Bakkt cryptocurrency platform in August of this year.

According to the latest data, based on the interest in launching the platform and the amount of work that still needs to be done, ICE planned to launch its platform on 24 January next year. This will provide an opportunity to ensure that the intended users will be fully prepared to get started on Bakkt.

Also, the CEO of Kelly Loeffler reported close cooperation with the Commodity Futures Trading Commission (CFTC) of the United States, due to the upcoming launch of “a contract with Bakkt ™ Bitcoin Daily Futures and Bakkt repository.” Also, he noted that:

“These products represent a critical shift in the evolution of crypto markets toward more accessible, useful, and regulated instruments.”

Finally, Bakkt has already developed a security system and insurance for a cold Bitcoin wallet and, at the moment, is working on creating a security system for a hot wallet.

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