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

posted 16 days 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."
Tags: opinion, bitcoin, blockchain, news