The Interchange: Bakkt to Frothy Markets

Quick Take

  • Bakkt’s $2 billion valuation via SPAC a sign that private markets are being repriced; plus, thoughts on crypto’s first national chartered bank
Bakkt to Frothy Markets “We’re not crazy… We didn’t lose our minds.” Those were the fighting words Intercontinental Exchange (ICE) CEO Jeff Sprecher dealt out on last year’s earnings call when discussing the idea of pivoting Bakkt to a global exchange for airline miles, loyalty points, and “swords and sickles” from video games. “We know […]

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