Bakkt Holdings Partners With Crossover Markets To Power "BakktX" Crypto Electronic Communication Network; Enhances U.S. Institutional Capabilities With High-Performance Trading Venue Featuring Customized Liquidity Solutions And Ultra-Low-Latency Trade Execution
Portfolio Pulse from Benzinga Newsdesk
Bakkt Holdings has partnered with Crossover Markets to launch 'BakktX', a high-performance crypto electronic communication network aimed at enhancing U.S. institutional trading capabilities with customized liquidity solutions and ultra-low-latency trade execution.
June 06, 2024 | 12:16 pm
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Bakkt Holdings has announced a partnership with Crossover Markets to launch 'BakktX', a new high-performance crypto trading network designed to enhance U.S. institutional trading capabilities.
The partnership with Crossover Markets to launch 'BakktX' is likely to enhance Bakkt Holdings' position in the institutional crypto trading market. The introduction of high-performance trading capabilities and ultra-low-latency trade execution could attract more institutional clients, potentially driving up the stock price in the short term.
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