Quarterly net revenue of $12.9 million, increased 41% year over year
Strong customer activity with digital asset conversion volume up 73% year over year
Recently announced signing of definitive agreement to acquire Apex Crypto. Acquisition is expected to significantly expand client verticals and scale
Available cash and other liquid assets1 of over $273.7 million provides significant growth capital
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter ended September 30, 2022.
“We are pleased with the momentum we are building with net revenue up 41% year-over-year and digital asset conversion volumes up 73% year-over-year” said Gavin Michael, President and CEO. “Our focus on execution is paying off and we are proud to have initial activations with our crypto capabilities. We are working closely with our partners to bring even more of them to market in the near-term. We are thril
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