With CEO appointment, Bakkt shows commitment to consumer ambitions

Quick Take

  • Bakkt announced that Mike Blandina would replace Kelly Loeffler as CEO
  • Blandina, formerly Bakkt’s chief product officer, takes the reins as Loeffler heads to the U.S. Senate
  • Adam White was named president, a surprise to some market observers
  • The pick of Blandina shows the firm is serious about its consumer ambitions.
Bakkt has spent much of the year building out its institutional product suite, but the appointment of a new chief executive officer suggests that the firm might focus more on the consumer side of things in 2020.  The Intercontinental Exchange-backed firm named Mike Blandina as its new CEO last week, replacing the soon-to-be U.S. Senator […]

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