NYSE owner sells Coinbase stake for $1.2 billion, with a profit of $900 million
Intercontinental Exchange, the owner of the New York Stock Exchange and crypto platform Bakkt, has sold its 1.4% stake in Coinbase for $1.2 billion. The post NYSE owner sells Coinbase stake for $1.2 billion, with a profit of $900 million appeared first on The Block.
14 days ago
NYSE Is Doing NFTs and No One Knows What to Make of It
A Wall Street-induced financial crash helped create a desire for Bitcoin. Now, the New York Stock Exchange wants to cash in on the desire for NFTs.
a month ago
What is Bakkt? Everything You Need to Know (2021)
Bakkt is the brainchild of the New York Stock Exchange owners. By creating a cryptocurrency exchange with US government oversight, Bakkt wants to make trading crypto assets as normal as trading shares.
2 months ago
NYSE’s regulation chief joins a16z to advise on crypto
Anthony Albanese, the chief regulatory officer at New York Stock Exchange, is joining crypto venture capital firm Andreessen Horowitz. The post NYSE’s regulation chief joins a16z to advise on crypto appeared first on The Block.
7 months ago
ICE, Microsoft, BCG invest in $300m Bakkt Series B for rewards pivot
Today Bakkt, the offshoot of New York Stock Exchange owner ICE, announced it completed a $300 million Series B round. This follows a $182.5 million Series A at the end of 2018. The latest investors include Intercontinental Exchange, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital and Pantera Capital. To date, Bakkt is...
a year ago