Bakkt’s CEO Kelly Loeffler explained that the volume of interest in the company and the work required to get all the pieces in place are contributing to the delay of the highly anticipated bitcoin futures trading platform.
Basically the normal huff and puff of a product launch have caught up with Bakkt, and the projected date is now Jan 24th 2019.
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The company is striving towards the building of an institutional grade cryptocurrency warehouse and they believe they’re making the 1st major step in building confidence in this new asset class, which is what many in the community are hoping.
We’re all in this for mass adoption, and the betterment of worldwide economic processing. Bakkt has previously announced it was working with BCG, Microsoft, and Starbucks and are providing assistance in both customer experience and risk management for the new product.