Bakkt to acquire crypto payments platform Bridge2 with plans to bring BTC payments mainstream

posted 5 months ago
Intercontinental Exchange (ICE) parent company of the NYSE and Bitcoin platform Bakkt, says it plans to acquire a consumer payments app to bring BTC and crypto payments to the mainstream. Bridge2 Solutions is being developed to convert and process crypto payments worldwide.

The digital payments industry is a $1.2 trillion dollar industry, and Bridge2 Solutions powers loyalty programs for 7 out of the top 10 financial institutions and over 4,500 loyalty, incentive and employee perk programs for businesses across a wide array of industries. Bakkt chief executive Mike Blandina said “With the launch of the Bakkt app, we will, for the first time, offer consumers a robust platform to consolidate and use all of their digital assets, from crypto to loyalty points to in-game tokens, in one user-friendly wallet."
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