Digital asset platform Bakkt plans to expand to Hong Kong, the United Kingdom, and the European Union.
According to a report by BlockBeats on July 6th, Gavin Michael, CEO of digital asset platform Bakkt, stated that "we have made it clear that while we are committed to the US market, we are also looking for attractive markets and leveraging those markets to drive growth. We are particularly focused on Hong Kong, the UK, and parts of the EU because we see partners wanting to enter these areas and we hope to support them."
Michael stated that their international plans have received support from Apex Crypto, a US comprehensive cryptocurrency trading platform acquired from Apex Fintech Solutions in April 2023.
As previously reported by BlockBeats, Bakkt has delisted multiple digital assets on a large scale due to regulatory factors and industry developments.