Crypto app and crypto custodian wallet that currently only supports Bitcoin (BTC) Bakkt announced that it will support a new asset very soon.
in 2018 Intercontinental Exchange Launched as a crypto custody service by (the parent company of the New York Stock Exchange) Bakktcurrently only supports Bitcoin. But Bakkt’s services will soon also include “Ethereum (ETH)”, the second largest crypto by market capitalization.
Bakkt CEO Gavin Michael said in a statement that it is very important to provide flexible opportunities to users. For this reason, Bakkt will soon have Ethereum support, he said.
Users will be able to buy and sell Ethereum, send it to people through the app, and spend it in stores with the debit card that was made available in June.
Bakkt’s corporate customers Ethereum (ETH) will also be able to choose this platform to store it.
Headquartered in Alpharetta, Georgia, the company has yet to share a clear date for when users can start trading on Ethereum.
New York Stock Exchangein BKKT The company, which is traded under the code code, went public last month after it merged with VPC Impack Acquisition Holdings.
Bakkt, which also established a partnership with Google Pay in October, made it possible for users to use their Bakkt Visa card with Google Pay. The company has also partnered with Google Cloud for AI applications and machine learning applications.